ARK Invest reduced positions in Block and its ARK 21Shares Bitcoin ETF (ARKB) on November 9 while adding Nvidia and SoFi Technologies across its actively managed funds. ARK sold 68,997 Block shares, valued at roughly $6.1 million, and about $1.6 million of ARKB shares. The trades show a portfolio rebalance away from some crypto-linked exposure while increasing selected technology and fintech holdings.
On the buying side, ARK acquired about $16.2 million in Nvidia shares and roughly $6.8 million in SoFi. The Nvidia purchases were spread across several ETFs, while SoFi shares were added through ARKK and ARKF. ARKB provides exposure to Bitcoin through a spot ETF structure, while Block remains tied to digital payments and Bitcoin-related services. The transactions represent partial position changes, not full exits from Block or ARKB.
ARK actively manages its ETFs and regularly adjusts holdings as prices and portfolio weights change, so one day of trading does not establish a permanent shift in investment strategy. The next metric to watch is whether subsequent disclosures continue reducing Block and ARKB while increasing Nvidia and SoFi. Repeated trades in the same direction would provide stronger evidence of a sustained allocation change.
Source: ARK Invest .
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