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    ARK Invest Buys $15M in Coinbase Stock After Recent Sell-Off

    2 Mins Read News

    ARK Invest has reversed course on Coinbase, purchasing roughly $15.2 million worth of shares just days after trimming its position by more than $39 million.

    The Cathie Wood-led firm added 66,545 Coinbase shares through the ARK Innovation ETF (ARKK), 16,832 shares via the ARK Next Generation Internet ETF (ARKW) and 9,477 shares through the ARK Fintech Innovation ETF (ARKF), according to daily trade disclosures.

    Coinbase Stock Jumps 16% on Renewed Buying

    The purchases coincided with a sharp rally in Coinbase stock, which closed at $164.32, up approximately 16.4% on the session. The rebound followed a period of pressure that had made Coinbase one of the largest detractors across several ARK funds in late 2025.

    Coinbase shares surged 16% on Friday.

    Earlier this month, ARK reduced its Coinbase exposure, selling about $17.4 million in shares on Feb. 5 and an additional $22 million the following day.

    Earnings Pressure and Crypto Market Volatility

    Coinbase recently reported a $667 million net loss for the fourth quarter of 2025, snapping an eight-quarter streak of profitability. Revenue fell 21.5% year-over-year to $1.78 billion, with transaction revenue declining nearly 37%.

    The earnings downturn came amid broader weakness in digital assets, including Bitcoin and Ethereum. Despite recent volatility, ARK’s renewed buying suggests continued conviction in Coinbase’s long-term positioning within the evolving crypto ecosystem.

    Disclaimer

    This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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