Ark Invest CEO Cathie Wood Invests Big on Ethereum & Sells Robinhood Shares!

Jakarta, Pintu News – Cathie Wood, through ARK Invest, has increased exposure to Ethereum (ETH) by purchasing shares of BitMine Immersion Technologies. The move shows a strong belief in the long-term potential of Ethereum (ETH). On the other hand, ARK Invest also reduced its shareholding in Robinhood, signaling a significant change in investment strategy.

Investment in BitMine Immersion Technologies

ARK Invest has purchased $4.46 million worth of BitMine Immersion Technologies shares spread across three exchange-traded funds. BitMine (BMNR), which focuses on Ethereum (ETH), has shown impressive performance with its shares trading at $44.08, an increase of 0.67% in the last 24 hours.

The company is known to be the largest corporate holder of Ethereum (ETH), with token holdings estimated at between 1.78 million to over 2 million, or about 1.7% of the total supply.

At the start of the year, BitMine managed to turn a $20 million investment in Eightco Holdings into $628 million in a single trading day, thanks to a 3,000% surge in OCTO’s share price associated with the announcement of the Worldcoin Treasury (WLD). This success further solidifies BitMine’s reputation as a major player in the crypto treasury space.

Also Read: Solana (SOL) Strengthens, Can the Trend Continue in September 2025?

Robinhood Share Sale

On the other hand, ARK Invest reduced its exposure to Robinhood Markets by selling nearly 44,000 shares worth about $5.1 million. This sale came despite Robinhood’s stock rising 16% on September 8 after its inclusion in the S&P 500 index. In addition, ARK Invest also cut its stake in Teradyne, but the sale of Robinhood shares was the most prominent divestment of the day.

This reduction coincides with the $182 million purchase of BitMine shares, which is considered an endorsement of the Ethereum (ETH) treasury strategy developed by Tom Lee. These portfolio changes demonstrate ARK Invest’s strategic shift, with a greater focus on Ethereum’s (ETH) long-term potential.

ARK Invest Investment Strategy

ARK Invest’s change in investment strategy demonstrates adaptation to changing market dynamics. By increasing investments in companies with strong ties to Ethereum (ETH) and reducing stakes in platforms such as Robinhood, ARK Invest confirms its commitment to the innovation and growth of the crypto sector.

This decision not only reflects confidence in Ethereum (ETH) but also adjusts the portfolio to optimize long-term growth.

Conclusion

Cathie Wood’s decision to increase investment in Ethereum (ETH) through BitMine Immersion Technologies and reduce stake in Robinhood marks a pivotal point in ARK Invest’s investment strategy. This move demonstrates adaptation to market trends and confidence in the potential of crypto, particularly Ethereum (ETH), as an asset of the future.

Also Read: ALtcoin Flock (FLOCK) Price Surges 219% After Listing on Coinbase & Upbit!

Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Ambcrypto. Cathie Wood bets on Ethereum, dumps Robinhood details. Accessed on September 10, 2025