Cathie Wood’s ARK ETFs buy AMD, sell Coinbase stock

Published 22/07/2025, 09:44
© REUTERS

Cathie Wood’s ARK ETFs released their daily trades for Tuesday, July 22nd, 2025, showing a continued focus on technology and innovation stocks. Leading the purchases was Advanced Micro Devices Inc (NASDAQ:AMD), with ARK buying a total of 32,846 shares across its ARKW and ARKF ETFs, amounting to a total dollar value of $5,156,822.

The largest trade of the day, however, was a significant acquisition of 4,421,034 shares of Bitmine Immersion (NASDAQ:IMMR) Technologies Inc (OTC:BMNR), split among ARKK, ARKW, and ARKF ETFs, with a total investment of $174,940,315. This move indicates ARK’s increasing interest in the cryptocurrency mining sector.

On the sell side, ARK reduced its holdings in Coinbase Global Inc (NASDAQ:COIN), selling 218,986 shares across three ETFs, totaling $90,579,179. This sale comes amidst a series of divestments from the cryptocurrency exchange, with sales recorded over the past week.

Other notable buys included Airbnb Inc (NASDAQ:ABNB) with 8,535 shares purchased via ARKW for $1,178,427, and DoorDash Inc (NYSE:NASDAQ:DASH), where 15,825 shares were bought across ARKW and ARKF totaling $3,806,387.

In the industrial sector, ARK showed confidence in Deere & Co (NYSE:DE), buying 4,161 shares through ARKX (NYSE:ARKX), valued at $2,064,854. This purchase aligns with ARK’s investment in disruptive technology within traditional industries.

Additionally, ARK bought shares of Ibotta Inc (PRIVATE:IBTA) and Nu Holdings Ltd (NYSE:NU), with 56,766 and 219,719 shares added to the ARKF portfolio, respectively, signaling a growing interest in the fintech space.

On the sell side, ARK continued to reduce its stake in Robinhood Markets Inc (NASDAQ:HOOD) and Roblox Corp (NYSE:RBLX), selling 109,824 and 463,293 shares, respectively. The sales of Robinhood and Roblox stocks, valued at $11,459,036 and $57,679,978, might suggest a strategic shift or a response to market conditions.

Lastly, ARK sold 90,061 shares of Block Inc (NYSE:SQ), formerly known as Square, through its ARKF ETF, with a total dollar value of $7,031,962. This move comes after a previous sale of Block shares last week, indicating a potential trend in ARK’s trading strategy.

Investors following ARK’s trades will note the ETFs’ dynamic approach to portfolio management, with a clear emphasis on innovation and disruptive technologies, while also adjusting positions based on market movements and company performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.