PANews reported on March 4 that according to The Block, Ark Invest bought another 38,865 shares of Coinbase on Monday, worth about $8 million, while selling its own Bitcoin spot ETF (ARKB) worth $8.2 million. The adjustment is part of the fund's ongoing rebalancing strategy to maintain a diversified portfolio.

Currently, ARKB is still the largest holding of Ark Invest Next Generation Internet Fund, accounting for 10.3% and a market value of approximately $169.8 million. Despite Ark selling some of its Bitcoin ETFs, ARKB was still the only U.S. Bitcoin spot ETF to record net inflows on Monday, with an additional $58.2 million.