Cathie Wood’s Ark Invest Rebuilds Coinbase Position With $6.9M Share Purchase

Cathie Wood’s Ark Invest added $6.9 million worth of Coinbase shares on Tuesday, signaling renewed confidence after trimming its position earlier this month.

According to the firm’s latest trade disclosures, Ark acquired 41,453 Coinbase shares across three of its exchange-traded funds. The largest allocation went to the ARK Innovation ETF (ARKK), which purchased 29,689 shares valued at approximately $4.9 million. The ARK Next Generation Internet ETF (ARKW) added 7,525 shares worth $1.2 million, while the ARK Fintech Innovation ETF (ARKF) bought 4,239 shares valued at roughly $704,000.

Ark maintains a strategy that caps individual holdings at around 10% of a fund’s portfolio, requiring periodic rebalancing as market prices fluctuate.

Portfolio Weightings and Market Context

Coinbase is now the seventh largest holding in both ARKK and ARKW, with weightings of 4% and 3.7%, respectively. In ARKF, the stock ranks as the third-largest position at 5.6%.

The renewed buying comes after Ark sold roughly 119,000 Coinbase shares earlier in February during a broader pullback in crypto-linked equities.

Coinbase recently reported fourth quarter 2025 revenue of $1.8 billion, down 5% sequentially, alongside a net loss of $667 million, largely driven by unrealized losses on crypto holdings and strategic investments. Shares closed at $166.02 on Tuesday, up 8.4% over the past five trading sessions, though still significantly below prior highs.

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.