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ARK Invest Unloads Millions in Bitcoin ETF Shares Amid Price Surge

Guavy AI Editorial Team Published July 24, 2026

Instruments

BTC

Cathie Wood's ARK Invest has sold 225,742 shares of its Bitcoin ETF, worth $8.7 million, from its Next Generation Internet fund.

The sale comes after Bitcoin briefly surged past $123,000 and Coinbase's market cap exceeded $100 billion.

ARK also offloaded 13.3 million in Coinbase shares as COIN hit record highs above $400.

This move represents notable profit-taking from one of crypto's most aggressive institutional adopters, according to analysts.

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