{"id":90069,"date":"2025-08-21T03:28:02","date_gmt":"2025-08-21T03:28:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=90069"},"modified":"2025-08-21T03:28:02","modified_gmt":"2025-08-21T03:28:02","slug":"what-is-cathie-woods-ark-invest-buying-and-selling-amid-this-market-correction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=90069","title":{"rendered":"What Is Cathie Wood\u2019s Ark Invest Buying and Selling Amid This Market Correction?"},"content":{"rendered":"

The privately held company has made adjustments to the ETFs it manages, both reducing and adding to specific positions.<\/p>\n

Falling Prices<\/h2>\n

Ark Invest, the investment management firm with more than $6 billion in assets under management (AUM), reduced the size of its ARKB (ARK 21Shares Bitcoin ETF) by 559.85 BTC, or approximately $64.4 million, as reported<\/a> by the market watcher page Whale Insider<\/span>\u00a0yesterday.<\/p>\n

The crypto community responded with mixed feelings about the sale, with some indicating that it was a regular rebalancing of the fund. In contrast, others outright questioned it or even mocked it.<\/p>\n

Data collected at print time from CoinGlass also indicates a wave of sell-offs across exchange-traded funds, coinciding with the recent price slump for the leading cryptocurrency, which was preceded<\/a> by a new all-time high of over $124,000.<\/p>\n

<\/a>Source: Coinglass<\/strong><\/p>\n

The ARKB stock seems to have reacted negatively to the sale, with the most recent data indicating a 2.79% daily decline, as reported by Google Finance.<\/p>\n

<\/a>Source: Google Finance<\/strong><\/p>\n

Buying Opportunity<\/h2>\n

The company has not only been selling, though, because today, the ARKK (ARK Innovation ETF) scooped up 356,346 shares of Bullish, with an estimated cost of $21.2 million, and 150,908 shares of Robinhood Markets shares, worth about $16.2M.<\/p>\n

This is a continuation of last week\u2019s purchase of 2.53 million Bullish shares, worth roughly $172 million, following the exchange\u2019s\u00a0debut<\/a> on the NYSE, and several buying sessions of Robinhood stock, with the last two being $14 million and $9 million, respectively.<\/p>\n

This fund\u2019s stock is also plummeting, not reacting to the stocking up, posting a slightly more significant 3.99% daily drop, which is in line with the currently shaky markets, with investors and institutions preparing for the upcoming\u00a0<\/a>Fed speech at the Jackson Hole symposium, which will likely set the tone for the markets for the coming weeks and months.<\/p>\n

<\/a>Source: Google Finance<\/strong><\/p>\n

The post What Is Cathie Wood\u2019s Ark Invest Buying and Selling Amid This Market Correction?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The privately held company has made adjustments to the ETFs it manages, both reducing and adding to specific positions. Falling Prices Ark Invest, the investment management firm with more than $6 billion in assets under management (AUM), reduced the size of its ARKB (ARK 21Shares Bitcoin ETF) by 559.85 BTC, or approximately $64.4 million, as […]<\/p>\n","protected":false},"author":0,"featured_media":90070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90069"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90069"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/90070"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}