PANews reported on February 14 that, according to Cointelegraph, Cathie Wood's ARK Invest purchased approximately 92,800 shares of Coinbase stock on Friday through three ETFs: ARKK, ARKW, and ARKF, worth approximately $15.2 million at the closing price. This comes after Cathie Wood sold over $39 million worth of Coinbase shares on February 5 and 6.