ARK Invest sells $65M in shares of Circle, Coinbase and others

ARK Invest unloaded more than $65 million worth of crypto-related holdings on Monday, selling shares across Coinbase, Circle, Bitmine, Bullish, and its own Bitcoin ETF product, ARKB.

Here is every move that Cathie Wood and Ark Invest made in the stock market today 9/14 pic.twitter.com/Pm8hujydZz

— Ark Invest Tracker (@ArkkDaily) September 15, 2026

The move came while digital asset markets were rallying, consistent with Cathie Wood’s well-documented playbook of buying weakness and selling strength.

What ARK actually sold

The trades spanned five crypto-adjacent names. Coinbase, the largest US crypto exchange, was among the positions trimmed. So was Circle, the company behind the USDC stablecoin, and Bitmine, a Bitcoin mining operation. Bullish, the exchange backed by Peter Thiel and other high-profile investors, also saw its ARK allocation reduced.

ARK also sold shares of ARKB, its own spot Bitcoin ETF, to manage how much Bitcoin exposure each fund carries relative to its other holdings.

The company sold a total of 1,87 million shares, led by sales of ARK 21Shares Bitcoin ETF and Circle shares. It sold 1,5 million ARK 21Shares Bitcoin ETF shares for about $40 million and 142,350 Circle shares for nearly $14 million.

The sales also included 36,628 Coinbase shares valued at $7 million, 153,881 Bitmine shares worth approximately $4 million and 18,280 Bullish shares worth $687,693.

Why sell into strength

When a position grows faster than everything else in a portfolio, it starts to dominate the fund’s risk profile. Trimming resets allocations so no single bet can sink the ship. Rising prices across Bitcoin and crypto equities mechanically push ARK’s allocations higher than their target weights.

ARK remains one of the largest institutional holders of crypto-related equities through its suite of ETFs, with positions in Coinbase, Circle, and the Bitcoin mining and exchange sectors that dwarf the Monday trims by a wide margin.

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