Overview
- On Nov. 14, ARK’s ARKK, ARKW and ARKF bought about 188,941 Circle shares (~$16.3 million), 242,347 BitMine shares (~$9.8 million) and 177,480 Bullish shares (~$7.3 million) after all three fell in regular trading.
- The latest buys followed a roughly $30.5 million Circle purchase two days earlier, signaling buy-the-dip conviction after Q3 results showed $740 million in revenue and reserve income and $214 million in net income as the stock dropped about 10%–12%.
- ARK reduced its Tesla exposure by selling 70,474 shares (about $30.3 million) this week, set against October China data showing retail sales of roughly 26,006 vehicles, down about 36% year over year, and Shanghai shipments of 61,497.
- ARK also sold 87,051 AMD shares valued around $21.6–$22.5 million following the chipmaker’s post–Analyst Day rally, reflecting a broader trim in higher-valuation tech.
- Across ARKK, ARKW and ARKF, the trades continue a portfolio tilt toward stablecoins, on‑chain payments and broader crypto infrastructure while selectively reallocating away from certain chip and large tech positions.