**ARK Invest Shakes Up Crypto Holdings**

ARK Invest, led by Cathie Wood, is making waves in the crypto market again. The firm recently sold 69,069 Coinbase (COIN) shares on August 1, worth $14.7 million. This marks ARK's largest COIN sale since early April. Despite the hefty sale, Coinbase remains a top asset in ARK's Fintech Innovation ETF (ARKF), holding nearly 10% of the portfolio.

Meanwhile, ARK made its first purchase of the Canadian 3iQ Ether staking ETF (ETHQ.U), buying 1.7 million shares valued at $21 million. This move aligns with ARK's strategy to diversify its crypto investments.

Additionally, ARK offloaded 108,751 shares of its own spot Bitcoin ETF (ARKB) and 282,435 Robinhood (HOOD) shares, totaling around $12.6 million. The firm continues to adjust its portfolio amid evolving market conditions.