Cathie Wood’s ARK Invest Buys Stake in Tom Lee’s Ethereum Firm, Sells Coinbase and Roblox Shares
July 22, 2025 — Cathie Wood’s ARK Invest has rebalanced its ETF portfolios, reducing exposure to Coinbase and Roblox while acquiring a 1.5% stake in Tom Lee’s Ethereum-focused firm, Bitmine Immersion Technologies, across three of its funds. Key Takeaways ARK Invest sold $90.5M worth of Coinbase and $57.7M of Roblox shares. 4.4 million shares of …