PANews reported on April 9 that according to The Block, Ark Invest, led by Cathie Wood, once again increased its holdings of Coinbase shares worth $4.8 million, distributed in three ETFs, ARKK, ARKW and ARKF, the day before Trump's new tariffs officially took effect. The day before, Ark had purchased $13.3 million worth of COIN shares . After this increase in holdings, COIN became the second largest holding of ARKF and the third largest holding of ARKK and ARKW.