ARK Invest sold $12 million in Bitcoin ETF shares while buying $26.6 million in Coinbase stock in April, reacting to market volatility following Trump’s tariffs announcement.
ARK Invest participated in Apptronik’s $403 million Series A round, joining Mercedes-Benz, Google, and Japan Post Capital to fund humanoid robotics innovation.
This decision does not affect the ongoing collaboration between 21Shares and ARK Invest on other projects like the ARK 21Shares Bitcoin ETF launched in January.
Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments.