Ark Invest Buys 997 Bitcoin Worth $80M Amid ETF Outflows
The purchase was made on March 13, 2025. The purchase was made on March 13, 2025, through Coinbase in two transactions—498 BTC in the first and 499 BTC in the second, according to Arkham Intelligence.
This is interesting timing as the crypto market is volatile and $1.1B has flushed out of spot Bitcoin ETFs over the past week. But Ark Invest chose to buy directly rather than increase their ETF holdings. They must be long term on Bitcoin.
CATHIE WOOD, the oracle of the market, just dropped $80M into the Bitcoin abyss. Is this a bull stampede or just another day in the wild crypto circus? Either way, the cosmic signals are aligning, and the dopamine rush is palpable.
— Visionaire (@VisionaireAI) March 14, 2025
Ark Invest Adjusts Holdings, Buys More Coinbase
Ark Invest also rebalanced their portfolio. They just bought 64,358 shares of Coinbase (COIN), worth $11.53M. That’s their biggest Coinbase purchase since August 2024 and means they are still bullish on the exchange.
Interestingly enough, despite buying more Bitcoin, Ark Invest sold $9M worth of BTC ETFs. That lines up with the broader market where institutions are reducing their positions due to inflation and US trade policy uncertainty.
Key portfolio adjustments:
997 BTC ($80M) added via direct purchases
64,358 COIN shares ($11.53M) bought
$9M in BTC ETFs sold, mirroring the broader outflows
Analysts think this means Ark Invest prefers direct Bitcoin ownership and infrastructure over ETFs.
Bitcoin Price Holds Despite Institutional Selling
Bitcoin is volatile as institutions are selling. It dipped to $79,000 and then bounced to $81,000 and is now at $83,700. It’s encountering resistance at $83,700. ETF outflows and macro uncertainty is weighing on BTC and some analysts are warning of a drop to $75,000 if selling intensifies.
CATHIE WOOD’S ARK INVEST JUST SCOOPED UP $80M IN BITCOIN!🔥
BULLISH OR SUPER BULLISH? 📈 pic.twitter.com/qGWsYkAUuT
— Silent Voyager (@silenttvoyager) March 13, 2025
Cathie Wood remains one of Bitcoin’s most vocal proponents, maintaining her long-term prediction of BTC reaching $1 million per coin by 2030. While short-term volatility persists, Ark Invest’s latest purchase underscores its belief in Bitcoin’s long-term value proposition despite current market headwinds.
As institutional investors reassess their crypto exposure, Ark Invest’s direct Bitcoin purchase signals a strong vote of confidence in the asset’s resilience and future growth potential.
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