Ark Invest Cashes Out: Dumps Coinbase Shares at All-Time High—Smart Move or Missed Opportunity?

Cathie Wood's Ark Invest just made a power play—liquidating Coinbase shares as the crypto exchange's stock hits record highs. Was it profit-taking genius or premature surrender?

Bullish no more? Ark's flagship funds offloaded $346M in COIN this week, capitalizing on the 2025 crypto rally. The move comes as Coinbase stock surged 220% year-to-date, fueled by Bitcoin's march toward $100K.

Wall Street's fickle romance with crypto continues. Analysts are split—some call this disciplined risk management, others see Ark abandoning its own thesis. Meanwhile, retail traders keep buying the dip (as usual).

One thing's certain: when the smart money exits stage left, someone's always left holding the bag. Will this be another 'sell the news' masterclass—or will Coinbase prove the skeptics wrong again?

As Circle’s (CRCL) stock kept rising after its IPO, Ark Invest sold $109.6 million worth of its shares on Monday, spreading the sell-off across its ARKK, ARKW, and ARKF ETFs.

Meanwhile, Coinbase’s strong rally signals a broader shift; U.S. crypto policy seems to be turning more favorable.

Coinbase’s surge is indicative of a more general improvement in the climate surrounding U.S. cryptocurrency policy. A noteworthy development in the digital asset arena is the recent passage of the GENIUS stablecoin bill by the U.S. Senate, which is now headed to the House of Representatives. 

Block Inc. inched up by 0.46% on Thursday, closing at $65.11. But overall, it’s still having a rough year, down 23.39% since January.

Meanwhile, Circle, the company behind the USDC stablecoin, saw its stock rise 7.56% on Thursday. Despite a small dip earlier in the week, the stock continues to follow an upward trend.

As crypto-related stocks continue to ride the wave of regulatory optimism, Ark Invest’s latest moves suggest a strategic shift amid record valuations.

Also Read: Coinbase CEO Says “We’re Buying More Bitcoin Every Week”