Ark Invest sells 8.7 million USD worth of Bitcoin ETF shares taking profits

On July 16, 2025, ARK Invest liquidated 225,742 shares of its Bitcoin ETF and 34,207 shares of Coinbase. The sales came as Bitcoin peaked over 123,000 USD, with analysts suggesting profit-taking ahead of the CPI release.

Despite ARK’s 6.2 million USD in outflows, the Bitcoin ETF sector experienced 403 million USD in net inflows. The market’s overall health is illustrated by substantial interest in Bitcoin ETFs, signaling strong investment momentum.

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