# Blockchain News

Ark Invest adjusts its fund weights again! This time, the company led by Catherine Wood sold $2.8 million worth of ARKB spot Bitcoin ETF, a total of 44,609 shares. This is another big move after the sale of $6.9 million in ARKB shares on August 1.

Despite this, the ARKW fund still holds $139.7 million in ARKB shares, accounting for 9.93% of its total assets. Ark Invest's strategy is to ensure that any single holding does not exceed 10% to maintain fund diversification.

What do you think of Ark Invest's operation this time? Let's chat in the comment section!