[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  GHAEX [@ghaexchange](/creator/twitter/ghaexchange) on x 5897 followers Created: 2025-07-22 13:22:18 UTC 📉 Cathie Wood’s ARK Invest Sells $COIN and $RBLX Shares to Invest in Ethereum Treasury Firm Bitmine ($BMNR) 🚨 Cathie Wood, CEO of ARK Invest, has executed a significant portfolio rebalance by selling large portions of Coinbase ($COIN) and Roblox ($RBLX) shares across three ETFs: ARKK, ARKW, and ARKF. In total, ARK sold approximately XXXXXXX shares of $COIN (worth ~$90.5M) and XXXXXXX shares of $RBLX (worth ~$57.7M), reallocating capital into Bitmine Immersion Technologies ($BMNR) — an Ethereum-focused treasury company. 💼 Strategic Shift Toward $ETH Exposure ARK Invest purchased XXX million shares of $BMNR, making it a XXX% holding in each ETF. Bitmine recently pivoted from Bitcoin to an Ethereum ($ETH) treasury model and saw its stock price skyrocket +3,000%, peaking at $XXX before stabilizing near $39.57, still up over +400% year-to-date. Bitmine’s Ethereum-native strategy and staking model are central to ARK’s new focus on high-yield, smart contract-based assets. 📊 Broader Portfolio Adjustments ARK also reduced holdings in Robinhood ($HOOD) and Block ($SQ). Funds were redistributed into other growth names like $AMD, $DASH (DoorDash), and $ABNB (Airbnb), alongside $BMNR. This move enhances ARKF’s ETH exposure, which previously held XXXX% in the 3iQ Ether Staking ETF. 📈 Why This Move Matters X. Institutional Endorsement of $ETH – Cathie Wood’s pivot sends a strong signal that Ethereum is maturing as a treasury-grade asset. X. Emergence of ETH-native Firms – Bitmine's success mirrors that of Bitcoin-focused MicroStrategy, but with an Ethereum-first approach. X. Evolution of Web3 Finance – The shift highlights growing investor confidence in $ETH staking, DeFi, and the expanding Ethereum ecosystem. #CathieWood #ARKInvest #Ethereum #ETH #BMNR #Bitmine #CryptoTreasury #COIN #Coinbase #RBLX #Roblox #Web3 #CryptoInvesting #CryptoNews #ARKK #ARKW #ARKF #DeFi #Altcoins #Staking XXX engagements  **Related Topics** [$905m](/topic/$905m) [roblox](/topic/roblox) [stocks](/topic/stocks) [$rblx](/topic/$rblx) [$coin](/topic/$coin) [investment](/topic/investment) [ark](/topic/ark) [coinbase](/topic/coinbase) [Post Link](https://x.com/ghaexchange/status/1947648397529473450)
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GHAEX @ghaexchange on x 5897 followers
Created: 2025-07-22 13:22:18 UTC
📉 Cathie Wood’s ARK Invest Sells $COIN and $RBLX Shares to Invest in Ethereum Treasury Firm Bitmine ($BMNR)
🚨 Cathie Wood, CEO of ARK Invest, has executed a significant portfolio rebalance by selling large portions of Coinbase ($COIN) and Roblox ($RBLX) shares across three ETFs: ARKK, ARKW, and ARKF. In total, ARK sold approximately XXXXXXX shares of $COIN (worth ~$90.5M) and XXXXXXX shares of $RBLX (worth ~$57.7M), reallocating capital into Bitmine Immersion Technologies ($BMNR) — an Ethereum-focused treasury company.
💼 Strategic Shift Toward $ETH Exposure
ARK Invest purchased XXX million shares of $BMNR, making it a XXX% holding in each ETF.
Bitmine recently pivoted from Bitcoin to an Ethereum ($ETH) treasury model and saw its stock price skyrocket +3,000%, peaking at $XXX before stabilizing near $39.57, still up over +400% year-to-date.
Bitmine’s Ethereum-native strategy and staking model are central to ARK’s new focus on high-yield, smart contract-based assets.
📊 Broader Portfolio Adjustments
ARK also reduced holdings in Robinhood ($HOOD) and Block ($SQ).
Funds were redistributed into other growth names like $AMD, $DASH (DoorDash), and $ABNB (Airbnb), alongside $BMNR.
This move enhances ARKF’s ETH exposure, which previously held XXXX% in the 3iQ Ether Staking ETF.
📈 Why This Move Matters
X. Institutional Endorsement of $ETH – Cathie Wood’s pivot sends a strong signal that Ethereum is maturing as a treasury-grade asset.
X. Emergence of ETH-native Firms – Bitmine's success mirrors that of Bitcoin-focused MicroStrategy, but with an Ethereum-first approach.
X. Evolution of Web3 Finance – The shift highlights growing investor confidence in $ETH staking, DeFi, and the expanding Ethereum ecosystem.
#CathieWood #ARKInvest #Ethereum #ETH #BMNR #Bitmine #CryptoTreasury #COIN #Coinbase #RBLX #Roblox #Web3 #CryptoInvesting #CryptoNews #ARKK #ARKW #ARKF #DeFi #Altcoins #Staking
XXX engagements
Related Topics $905m roblox stocks $rblx $coin investment ark coinbase