Cathie Wood's ARK Sells $61M in Coinbase and Bitcoin ETF Holdings

Key Facts

1ARK Invest reduced its crypto-related exposure by over $61 million on Monday.

2The sales included Coinbase Global shares and holdings in ARK's own Bitcoin ETF.

In a move reflecting a strategic shift amid regulatory uncertainty, Cathie Wood's ARK Invest offloaded over $61 million worth of crypto-linked assets on Monday. According to reports, the liquidation included shares of Coinbase Global and holdings in the firm's own ARK 21Shares Bitcoin ETF. This divestment occurred just a day before the US Senate failed to pass the Clarity Act, suggesting a proactive reduction in exposure to the digital asset sector ahead of legislative headwinds.

These transactions come during a period of heightened volatility for crypto-proxy stocks, with the sales involving 142,350 shares across various ARK ETFs. Per market data, COIN shares closed at $191.45 as of September 14, 2026, having traded between a daily low of $180.29 and a high of $193.22. The scale of the sale by a prominent industry bull highlights growing caution regarding the immediate regulatory path for digital finance platforms.

Traders should watch for price stability around the $180.29 support level, which marked the daily low for COIN at the close of September 14, 2026. While the upcoming economic calendar shows no direct crypto catalysts, broader sentiment may be influenced by global inflation data due from Mexico and Brazil. The failure of the Clarity Act remains the primary local catalyst to watch for further impact on institutional positioning in crypto-related equities.