Ark Invest buys $69,000 worth of Coinbase stock

MarsBitNews · 2026-02-18T12:52:17+00:00

Ark Invest recently increased its holdings by 41,453 Coinbase shares, worth approximately $69,000, changing its earlier selling strategy at the beginning of the month. The increased holdings are distributed across three ETFs: ARKK, ARKW, and ARKF.

MarsBitNews

2026-02-18 12:52:17

Abstract generation in progress

Mars Finance reports that Ark Invest purchased 41,453 Coinbase shares through three of its exchange-traded funds (ETFs) on Tuesday, worth approximately $69,000. The specific acquisitions are as follows: Innovation ETF (ARKK) bought 29,689 shares valued at $4.9 million; Next Generation Internet ETF (ARKW) bought 7,525 shares valued at $1.2 million; ARK Fintech Innovation ETF (ARKF) bought 4,239 shares valued at $704,000. This move changed the fund’s position after it reduced its Coinbase holdings earlier this month. Currently, Coinbase stock accounts for 4%, 3.7%, and 5.6% of the holdings in ARKK, ARKW, and ARKF, respectively.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes