Ark Invest Buys $6.9M in Coinbase Shares - Crypto Economy

Ark Invest has purchased approximately $6.9 million worth of Coinbase shares, according to the firm’s latest holdings data published on its official website. The move marks a reversal after several weeks of net selling as the stock staged a rebound.

The transaction adds Coinbase back into focus within Ark’s flagship strategies, signaling a shift in positioning amid renewed strength in the company’s share price. After trimming exposure in prior sessions, the fresh allocation suggests Ark sees value at current levels following the recent recovery. The purchase is reflected in the ARK Innovation ETF’s disclosed holdings, indicating active portfolio rebalancing rather than a passive adjustment. For investors tracking Cathie Wood’s trades, the turnaround raises questions about whether the recent stock rebound has reset Ark’s conviction in the crypto exchange.

Market participants will likely monitor upcoming daily trade disclosures to see whether this buy represents a one-off adjustment or the start of a broader accumulation trend. Further changes in Coinbase’s weighting across Ark’s ETFs could clarify the firm’s near-term outlook on the stock.

Source: ARK Invest holdings page.

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