Ark Invest Buys $16.5 Million Worth of COIN
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Key Notes The recent purchase of the COIN stock happened across different Ark Invest portfolios. Cathie Wood signaled expectations of a crypto market recovery, citing an anticipated end to liquidity tightening. Ark Invest said improving liquidity conditions could fuel a broader market rebound, expecting another $300 billion in inflows in the coming weeks. Cathie Wood’s asset management firm, Ark Investments, purchased 62,166 Coinbase (COIN) shares for an investment value of $16.5 million. This purchase of the COIN stock comes amid its 30% drawdown over the past month. It is also the largest purchase of the stock by Wood’s firm since August 1. Ark Invest Makes $16.5 Million Investment in COIN Stock On November 26, Ark Invest purchased $16.5 million worth of Coinbase (COIN) shares, as reported by Ark Daily. The investment manager acquired a total of 62,166 COIN shares across three of its exchange-traded funds: the Ark Innovation ETF (ARKK), the Next Generation Internet ETF (ARKW), and the Blockchain & Fintech Innovation ETF (ARKF). Here’s every move Cathie Wood and Ark Invest made in the stock market today 11/26 pic.twitter.com/q9BbAIS6hx — Ark Invest Tracker (@ArkkDaily) November 27, 2025 During yesterday’s trading session, COIN closed at $264.97, up 4.27%, along with the broader crypto market rebound. This purchase comes as the firm continues a buying spree across several other crypto stocks, including Circle, Bullish, and BitMine. The move represents a departure from Ark’s usual strategy of accumulating positions during market pullbacks. Ark Invest is often known for buying COIN during price declines. The purchase by Cathie Wood seems to be strategically timed as the COIN stock bounces off from the high-timeframe support, around $250, as shown by the purple line in the chart below. COIN stock shows signs of a bounceback. | Source: TradingView In the coming days, the main focus…
Filed under: News - @ November 27, 2025 2:27 pm