PANews reported on April 6 that according to The Block, Cathie Wood's Ark Invest's three ETFs increased their holdings of Coinbase by a total of 83,157 shares on Friday, equivalent to approximately US$13.4 million. The increase came as Coinbase's stock price fell by approximately 5% in the past week, and its market value fell below US$30 billion for the first time since September 2024. This was another dip bought by Ark Invest following March, and it had previously increased its holdings by more than US$16 million in a single month.