ARK Invest Reduces Stake in Block, Bullish, and Its Bitcoin ETF

On November 10 that, according to The Block, Cathie Wood's ARK Invest reduced its holdings of Block, Bullish, and its Bitcoin ETF via its funds on Monday, while purchasing NVIDIA and SoFi stocks.

Trade disclosures show that ARK sold 68,997 shares of Block, valued at approximately $6.1 million; sold 49,767 shares of Bullish, valued at approximately $1.13 million; and also sold approximately $1.6 million worth of ARK 21Shares Bitcoin ETF shares.

During the same period, ARK purchased NVIDIA shares worth approximately $16.2 million and SoFi shares worth $6.8 million.