PANews reported on February 18th that, according to The Block, Cathie Wood's Ark Invest purchased 41,453 shares of Coinbase stock on Tuesday through three ETFs, worth approximately $6.9 million. ARKK bought 29,689 shares ($4.9 million), ARKW bought 7,525 shares ($1.2 million), and ARKF bought 4,239 shares ($704,000). This increase reversed a reduction earlier this month.

As of February 18, COIN was the seventh largest holding of ARKK Fund, accounting for 4% (approximately US$251.5 million); ARKW Fund was the seventh largest holding, accounting for 3.7% (approximately US$57.4 million); and ARKF Fund was the third largest holding, accounting for 5.6% (approximately US$44.6 million).