DoD tests AI models that make it easy to switch from vendors like Palantir
Cathie Wood’s ARK ETF published their daily trades for Tuesday, June 10th, 2025, revealing a significant investment in eToro Group Ltd (NASDAQ:ETOR) and continued divestment from the ARK 21Shares Bitcoin ETF (ARKB). The trades reflect ARK’s ongoing strategic adjustments in a dynamic market landscape.
Topping the list with the highest dollar-value trade, ARK’s ARKF fund acquired 49,922 shares of eToro Group Ltd (NASDAQ:ETOR), a social trading and multi-asset brokerage company, amounting to approximately $3,792,574. This purchase aligns with ARK’s penchant for innovative fintech platforms and marks a continued vote of confidence in eToro’s growth potential.
Another notable buy involved Veracyte Inc (NASDAQ:VCYT), a genomic diagnostics company, with ARK’s ARKK ETF purchasing 11,143 shares worth $310,332. This follows a trend as ARK has been increasingly investing in Veracyte, with purchases made on previous days as well, indicating a bullish stance on the company’s prospects.
On the sell side, ARK reduced its holdings in the ARK 21Shares Bitcoin ETF (ARKB) by selling 29,660 shares through its ARKF ETF, totaling $155,598. This move comes amidst a backdrop of volatility in cryptocurrency markets and perhaps signals a strategic shift or risk management effort by ARK.
Additionally, ARK continued to offload shares of AvidXchange Holdings Inc (NASDAQ:AVDX), a provider of accounts payable and payment automation solutions, selling 400 shares for a total of $3,915. This sale is part of a series of recent divestments from AvidXchange, suggesting a reevaluation of the company’s position in ARK’s portfolio.
A smaller trade included the sale of 300 shares of 3D Systems Corp (NYSE:DDD), a 3D printing company, spread across ARKQ and ARKX (NYSE:ARKX) ETFs with a combined value of $552. This continues a pattern of ARK reducing its exposure to 3D Systems, as observed in the previous week’s trading activity.
Investors and analysts closely monitor ARK’s daily trades for insights into Cathie Wood’s investment strategies and views on market trends. Today’s trades underscore ARK’s focus on innovation and technology while also revealing tactical sales that may reflect broader market shifts or portfolio rebalancing efforts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.