[Ark Invest Buys $6.9 Million Worth of Coinbase Stock] Odaily Planet Daily News: On Tuesday, Ark Invest purchased 41,453 shares of Coinbase stock through its three exchange-traded funds (ETFs), valued at approximately $6.9 million. The specific additions are as follows: Innovation ETF (ARKK) purchased 29,689 shares, valued at $4.9 million; Next Generation Internet ETF (ARKW) purchased 7,525 shares, valued at $1.2 million; ARK Fintech Innovation ETF (ARKF) purchased 4,239 shares, valued at $704,000. This move alters the institution's portfolio layout after reducing its Coinbase stock holdings earlier this month. Currently, Coinbase stock accounts for 4%, 3.7%, and 5.6% of the portfolio weight in the ARKK, ARKW, and ARKF funds, respectively.