Data: Ark Invest purchased an additional $4.8 million in Coinbase stock on Tuesday

ChainCatcher news, according to The Block, Ark Invest led by Cathie Wood increased its stake in Coinbase stock worth $4.8 million the day before the new tariffs by Trump officially took effect, distributed among the ARKK, ARKW, and ARKF ETFs.

The day before, Ark had purchased $13.3 million in COIN stock. After this increase, COIN became the second largest holding in ARKF and the third largest holding in ARKK and ARKW.