ARK Invest Buys $15M Coinbase Shares After Recent Selling

ARK Invest has returned to purchasing shares of Coinbase World after trimming its place, including roughly $15 million price of inventory throughout a number of of its actively managed exchange-traded funds (ETFs) on Friday.

The Cathie Wooden-led asset supervisor bought 66,545 Coinbase shares by the ARK Innovation ETF (ARKK), 16,832 shares by Subsequent Era Web ETF (ARKW) and 9,477 shares by Fintech Innovation ETF (ARKF), in response to the agency’s every day commerce disclosures.

The shopping for exercise coincided with a pointy surge in Coinbase inventory. Shares closed the buying and selling session at $164.32, up about 16.4% on the day, earlier than edging larger in after-hours buying and selling, according to information from Google Finance. The surge put the agency’s complete buy at roughly $15.2 million.

Alongside Coinbase, ARK additionally elevated its stake in Roblox Company, shopping for shares in ARKK, ARKW and ARKF. Roblox closed close to $63.17 on the New York Inventory Trade on Friday.

Associated: Coinbase unveils crypto wallets designed specifically for AI agents

ARK cuts Coinbase shares throughout ETFs

Final week, ARK Invest diminished its publicity to Coinbase, selling about $17.4 million in Coinbase inventory on Feb. 5 for the primary time this yr and its first discount since August 2025.

The change then sold another $22 million price of Coinbase shares throughout a number of ETFs on Feb. 6, whereas rising its place in digital-asset platform Bullish.

As Cointelegraph reported, Coinbase became the top detractor throughout a number of of Cathie Wooden’s ARK Invest ETFs within the fourth quarter of 2025, as a broader crypto market pullback pressured efficiency. Shares of Coinbase fell extra sharply than each Bitcoin (BTC) and Ether (ETH) in the course of the quarter.

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Coinbase posts $667 million This autumn loss

Coinbase reported a net loss of $667 million within the fourth quarter of 2025, ending an eight-quarter run of profitability. Earnings per share got here in at 66 cents, lacking analyst expectations of 92 cents, whereas internet income fell 21.5% year-over-year to $1.78 billion. Transaction income dropped almost 37% to $982.7 million, though subscription and providers income rose greater than 13% to $727.4 million.