Ark Invest Offloads Meta, Nvidia and Bitcoin ETF Amid Market Downturn
Cathie Wood’s Ark Invest has pared back sizable positions in major U.S. tech companies such as Meta and Nvidia and reduced exposure to its Bitcoin ETF during a wider pullback across equities and cryptocurrencies. The sales, reported this week, come as both sectors face renewed investor risk aversion and macroeconomic uncertainty, prompting rebalancing across active and passive managers.
The shift matters because Ark has long been viewed as a bellwether for growth-focused, crypto-friendly investors; its trimming of tech and BTC-linked assets could amplify downward pressure on prices and signal greater caution among retail followers. Market participants will be watching subsequent filings and ETF flow data for signs of whether this is a tactical move or the start of a broader de-risking trend that could raise volatility in both tech stocks and Bitcoin.