Cathie Wood’s Ark Invest has made a bold move that is sparking conversation on both Wall Street and in the blockchain world, as crypto stocks ride a wave of new optimism. The company sold a lot of its Coinbase shares just as the crypto exchange reached a new all-time high. This quick choice shows that Ark has a flexible investment strategy and that even the most bullish funds are taking profits during the current crypto rally. The U.S. government is becoming more favorable to digital assets, and investors are feeling positive about them. Ark’s move might be a sign of what’s to come for the sector.
Here's every move Cathie Wood and Ark Invest made in the stock market today 6/26 pic.twitter.com/pSJnNdkiGt
— Ark Invest Daily (@ArkkDaily) June 27, 2025
Strategic Exit or Tactical Rebalance?
Ark’s main ARKK ETF sold 33,363 Coinbase shares worth about $12.5 million on Thursday, the same day the stock rose 5.54% to close at $375.07, its highest price ever. This sale was part of a bigger sale of $24.8 million worth of different stocks, including 189,649 shares of Block Inc. and 182,528 shares of Roblox. Block ended the day with a small gain, but it is still down 23.39% so far this year, which makes the timing of the sale important.
On the other hand, Coinbase has gained an amazing 27% in just the last week and is up more than 51% in 2025 so far. The rally shows that people have more faith in the U.S. crypto industry, especially after the Senate passed the GENIUS stablecoin bill, which was a big step forward for regulation. Coinbase has become a symbol of this bullish shift, and Ark’s sale looks like a planned rebalance instead of a loss of faith.
Circle, stablecoins, and ripples in the law
Ark Invest sold $109.6 million worth of Circle (CRCL) shares earlier this week. The sales were spread out over its ARKK, ARKW, and ARKF ETFs. The stock of Circle, the company that makes the USDC stablecoin, has been going up steadily. On Thursday alone, it went up 7.56%. The sale is a planned way to make money in a policy environment that is becoming more friendly to cryptocurrencies.
The sharp rise in Coinbase’s stock price and the growing momentum of Circle show how the industry is reacting to better rules and more trust in the market. Ark Invest is making significant changes that are getting a lot of attention from investors. They want to know if these are just small changes to their portfolios or if they mean more significant changes are coming.
As digital asset firms edge closer to mainstream adoption and financial legitimacy, Ark’s trades offer a front-row view into how major players are navigating the evolving crypto-fintech landscape.
Also read: Can XRP Translate to Generational Wealth?
