AlphaMaven AlphaMaven

Cathie Wood’s ARK Sells Bitcoin ETF, SpaceX and Robinhood Shares in Portfolio Shift

Reported by Coinedition ·Coingape ·Stocktwits
Oct 10, 2026· 2 min read
Save Post LinkedIn Email
Key Takeaways
  • • ARK Fintech Innovation ETF (ARKF) sold 350,270 shares of the ARK 21Shares Bitcoin ETF (ARKB), representing 1.07% of its portfolio, according to ARK's daily trading disclosures for October 9, 2026.
  • • ARK Next Generation Internet ETF (ARKW) sold 22,276 SpaceX shares, while ARK Innovation ETF (ARKK) cut its Robinhood holdings by 19,098 shares on the same day.
  • • ARKQ bought 12,592 shares of Symbotic and 57,540 shares of Kodiak AI, and ARKG added positions in Nurix Therapeutics, Guardant Health, CRISPR Therapeutics and Intellia.
  • • The disclosures do not explain the reasons for the sales or confirm a broader shift in ARK's cryptocurrency strategy.
  • • Spot Bitcoin ETFs recorded $487 million in net outflows on October 7 and $244 million on October 8, before about $21 million in net inflows on October 9.
Summary
Cathie Wood's ARK Invest sold shares in a Bitcoin exchange-traded fund, SpaceX and Robinhood on October 9, 2026, according to its daily trading disclosures reported by Coin Edition. ARK Fintech Innovation ETF (ARKF) sold 350,270 shares of the ARK 21Shares Bitcoin ETF (ARKB), representing 1.07% of its portfolio. ARK Next Generation Internet ETF (ARKW) sold 22,276 SpaceX shares, while ARK Innovation ETF (ARKK) cut its Robinhood holdings by 19,098 shares. The firm also reduced positions in Alphabet and DraftKings.

The disclosures do not explain the reasons behind the sales or confirm a broader shift in ARK's cryptocurrency strategy. The trades coincided with weakness in spot Bitcoin ETFs, which recorded $487 million in net outflows on October 7 and a further $244 million on October 8, before posting approximately $21 million in net inflows on October 9.

While trimming these positions, ARK added to technology and biotechnology names. ARKQ bought 12,592 shares of Symbotic and 57,540 shares of Kodiak AI. ARK Genomic Revolution ETF (ARKG) purchased shares in Nurix Therapeutics, Guardant Health, CRISPR Therapeutics and Intellia. ARKK sold shares of AMD, Shopify and Alphabet, and ARK Space Exploration & Innovation ETF (ARKX) reduced its Iridium holdings.

Coin Edition notes that ARK's daily disclosures offer only a snapshot of trading activity and may be incomplete, with updated portfolio holdings providing a more comprehensive view.

Go deeper than the headline

Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.

Start your free 7-day trial

Sources

3 outlets

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Coinedition Cathie Wood’s ARK Sells Bitcoin ETF, SpaceX and Robinhood Shares in Portfolio Shift Coingape Cathie Wood’s ARK Sells $61M of Its Own Bitcoin ETF, Coinbase, Circle Stocks Stocktwits Cathie Wood's ARK Sells Chip Giants, Buys The Dip In Crypto Exchange Bullish And Two Others