Crypto:
34187
Bitcoin:
$86.629
% 1.58
BTC Dominance:
%60.5
% 0.12
Market Cap:
$2.83 T
% 1.36
Fear & Greed:
47 / 100
Bitcoin:
$ 86.629
BTC Dominance:
% 60.5
Market Cap:
$2.83 T

ARK Bags $26M in Coinbase Stock, Sells Bitcoin ETF Amid Tariff Volatility!

Ark 2

ARK Invest has reacted swiftly to market volatility triggered by Donald Trump’s April 2 tariff announcement by investing $26.6 million in Coinbase (COIN) shares while selling $12 million worth of its Bitcoin ETF (ARKB).

The COIN purchases came in two tranches: $13.3 million on April 4 and $13.2 million on April 7. However, ARK also sold $12 million of its ARKB holdings via its Next Generation Internet ETF (ARKW) on April 7.

ARKW Still Offers $142M in Indirect Bitcoin Exposure!

The April 7 ARKB sale marked one of ARK’s largest daily dumps of the ETF this year. The firm had previously sold $8 million in March, $8.6 million in February, and $3.5 million in January.


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Despite the latest sell-off, ARKW still holds $142 million in ARKB, representing 11% of the fund’s total weight — keeping significant indirect exposure to Bitcoin intact.

Ark

Bitcoin ETFs Bleed Amid Market Panic

The broader Bitcoin ETF market took a hit following Trump’s tariffs. Bitcoin dropped 11% to $74,700. Data shows that global Bitcoin ETPs saw $207 million in outflows between April 1 and 7, with an additional $109 million leaving the market on April 7 alone.

Across the last three trading days, Bitcoin ETFs lost a combined $273 million, per SoSoValue. Still, ARK remains among the few spot Bitcoin ETF issuers with net positive flows in 2025, totaling $146 million by April 4.

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Other notable inflows came from BlackRock’s iShares ($3.2B) and ProShares ($398M), according to CoinShares.


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