Cathie Wood’s Ark Invest Reveals Bold Moves: What They’re Buying and Selling During This Market Correction

Ark Invest just dropped its latest trading playbook—and it's pure Cathie Wood conviction meets market chaos.

Buying The Bloodbath

Wood's team keeps doubling down on innovation bets while traditional investors panic-sell. They're scooping up disruptive tech at fire-sale prices—because nothing says 'contrarian' like buying when everyone else is dumping.

Strategic Trims

Meanwhile, Ark's trimming positions that hit valuation ceilings or face near-term headwinds. Not capitulation—just tactical rebalancing while maintaining core long-term themes.

The Correction Play

Market pullbacks separate tourists from pioneers. Ark's moves scream one thing: they're building positions for the next cycle, not fleeing this one. Because let's be real—Wall Street's 'risk management' usually means buying high and selling low anyway.

Falling Prices

Ark Invest, the investment management firm with more than $6 billion in assets under management (AUM), reduced the size of its ARKB (ARK 21Shares Bitcoin ETF) by 559.85 BTC, or approximately $64.4 million, as reported by the market watcher page Whale Insider yesterday.

The crypto community responded with mixed feelings about the sale, with some indicating that it was a regular rebalancing of the fund. In contrast, others outright questioned it or even mocked it.

Data collected at print time from CoinGlass also indicates a wave of sell-offs across exchange-traded funds, coinciding with the recent price slump for the leading cryptocurrency, which was preceded by a new all-time high of over $124,000.

The ARKB stock seems to have reacted negatively to the sale, with the most recent data indicating a 2.79% daily decline, as reported by Google Finance.

Buying Opportunity

The company has not only been selling, though, because today, the ARKK (ARK Innovation ETF) scooped up 356,346 shares of Bullish, with an estimated cost of $21.2 million, and 150,908 shares of Robinhood Markets shares, worth about $16.2M.

This is a continuation of last week’s purchase of 2.53 million Bullish shares, worth roughly $172 million, following the exchange’s debut on the NYSE, and several buying sessions of Robinhood stock, with the last two being $14 million and $9 million, respectively.

This fund’s stock is also plummeting, not reacting to the stocking up, posting a slightly more significant 3.99% daily drop, which is in line with the currently shaky markets, with investors and institutions preparing for the upcoming Fed speech at the Jackson Hole symposium, which will likely set the tone for the markets for the coming weeks and months.