{"id":152816,"date":"2025-03-11T16:30:36","date_gmt":"2025-03-11T14:30:36","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152816"},"modified":"2025-03-11T15:49:22","modified_gmt":"2025-03-11T13:49:22","slug":"ark-invest-boosts-coinbase-holdings-with-11-5-million-purchase","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ark-invest-boosts-coinbase-holdings-with-11-5-million-purchase\/","title":{"rendered":"Ark Invest Boosts Coinbase Holdings with $11.5 Million Purchase"},"content":{"rendered":"
The purchase was split between two of Ark\u2019s exchange-traded funds (ETFs): 52,753 shares valued at $9.4 million for its Ark Innovation ETF (ARKK) and 11,605 shares worth $2.1 million for its Ark Fintech Innovation ETF (ARKF).<\/p>\n
This latest move follows a series of strategic acquisitions, with Ark spending $8 million on Coinbase shares for its Next Generation Internet ETF (ARKW) just a week earlier. In total, Ark has now invested $28.2 million in Coinbase over the past three weeks.<\/p>\n
Ark\u2019s investment strategy emphasizes portfolio diversification, capping any single holding at 10% of a fund\u2019s total value. This ensures the firm can make adjustments as the value of Coinbase shares fluctuates in relation to other holdings within the funds.<\/p>\n