ARK Invest Adds Coinbase and Circle Amid Crypto Stock Declines
ARK Invest, led by Cathie Wood, is signaling a continued tilt toward crypto-linked equities even as the broader digital-asset market wrestles with volatility. In the latest Friday disclosures, the ARK Innovation ETF (ARKK) added 38,854 shares of Coinbase Global Inc. (CRYPTO: COIN), while the ARK Fintech Innovation ETF (ARKF) bought an additional 3,325 Coinbase shares, totaling roughly $9.4 million in new exposure. The two funds also expanded positions in Circle Internet Group by 129,446 shares and in Bullish by 88,533 shares, representing roughly $9.2 million and $3.2 million in new bets, respectively. Coinbase shares closed the session down 2.77% at $216.95. In the same update, ARK trimmed other holdings, including a 12,400-share exit…
