PANews reported on August 2 that on Thursday, Ark Invest, owned by Cathie Wood, sold 118,751 shares of the ARKB spot Bitcoin ETF (about $7.5 million) jointly issued by it and 21Shares from its ARKW fund. The ARKW fund (August 1) also sold 31,517 shares of Coinbase, and the ARKF fund sold 37,552 shares of Coinbase, totaling about $14.6868 million based on the closing price of $212.64 that day.

In addition, the ARKK fund sold 282,435 shares of Robinhood stock (approximately US$5.7165 million) (August 1).