🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
The well-known figure in the investment world, Cathie Wood, leading ARK Invest, has recently attracted market attention once again. Following a large-scale sell-off of shares in Coinbase, Robinhood, and Block on July 21, the company reduced its holdings in these three companies again on July 24.
At the same time, ARK Invest seized the opportunity of Tesla's stock price drop due to its second-quarter earnings report falling short of expectations, significantly increasing its holdings in Tesla's shares. This series of actions demonstrates Wood's flexible adjustments in investment strategy.
Specifically, on July 24, Ark Invest sold a total of 30,501 shares of Coinbase (COIN) stock through its ARKK and ARKW funds, valued at approximately $12.1 million. The ARKK fund also sold 123,169 shares of Block (XYZ) stock and 11,262 shares of Robinhood (HOOD) stock, valued at approximately $9.82 million and $1.14 million, respectively.
It is worth noting that ARK Invest has also reduced its holdings of the Bitcoin spot ETF (ARKB) launched in collaboration with 21Shares by 28,90 shares. This move has sparked speculation in the market regarding ARK Invest's attitude towards the cryptocurrency market.
Wood's investment decisions have always attracted attention. Her recent move to reduce her holdings in cryptocurrency-related stocks while increasing her stake in Tesla may reflect her judgment on the short-term prospects of different industries. However, investors still need to closely follow ARK's future moves and the potential impact of these actions on the prices of related stocks.
Although the frequent trading of ARK investments has sparked some controversy, its flexible investment strategy and focus on emerging technologies continue to attract the attention of many investors. As the market environment continues to change, Wood's investment decisions will remain a focal point of market attention.