Ark Invest sold shares of Block, Bullish and its own bitcoin ETF on Monday, November 9, while buying Nvidia and SoFi, The Block reported on November 10, citing the firm’s daily trade disclosure.
According to The Block, Ark sold 68,997 shares of Block (XYZ), worth about $6.1 million, and 49,767 shares of Bullish (BLSH), worth about $1.1 million. The Block said the Block and Bullish sales were made through Ark’s ETFs, without naming the specific funds. Ark also sold $1.6 million of the ARK 21Shares Bitcoin ETF (ARKB), its own bitcoin fund. The report did not give a share count for that sale.
On the buy side, Ark purchased $16.2 million of Nvidia and $6.8 million of SoFi Technologies, per The Block. Share counts for those purchases were not stated, and the report did not attribute them to a named fund.
Summing the dollar figures in The Block’s report, the three sales total about $8.8 million and the two purchases about $23 million. That is an AITraderView calculation from rounded figures, not a number stated by the outlet.
The Block’s coverage of Ark’s trades is based on the firm’s daily disclosures and shows position changes, not the reasons behind them. The report did not include any comment from Ark on its trading.
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