Ark Invest increased its holdings by $17.8 million in bullish stocks yesterday, while reducing its Coinbase stock holdings by $17.4 million.

SmartContractAuditor · 2026-02-06T10:31:28+00:00

Ark Invest adjusted its cryptocurrency stock holdings on Thursday, purchasing approximately $17.8 million worth of Bullish stock and selling about $17.4 million of Coinbase stock. Amid a general decline in crypto-related stocks, Bullish and Coinbase shares fell by 8.5% and 13.3%, respectively.

SmartContractAuditor

2026-02-06 10:31:28

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Odaily Planet Daily News: Cathie Wood’s Ark Invest adjusted its cryptocurrency-related stock holdings on Thursday, purchasing approximately $17.8 million worth of Bullish stock and selling about $17.4 million worth of Coinbase stock.

Disclosure shows that Ark bought a total of 716,030 shares of Bullish stock through its three exchange-traded funds. On the same day, it sold 119,236 shares of Coinbase stock. Cryptocurrency-related stocks generally declined that day, with Bullish stock dropping 8.5% to $24.90 and Coinbase falling 13.3% to $146.12. The monthly declines for both expanded to 39.6% and 41.7%, respectively. (The Block)

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