Data: Ark Invest increased its holdings by $17.8 million in bullish stocks and reduced its holdings by $17.4 million in Coinbase stocks.

ZkProver · 2026-02-06T11:24:55+00:00

Ark Invest adjusts its cryptocurrency stock holdings, purchasing approximately $17.8 million worth of Bullish stock while selling about $17.4 million of Coinbase stock. Bullish stock price dropped 8.5%, Coinbase fell 13.3%, and both experienced monthly declines of 39.6% and 41.7%, respectively.

ZkProver

2026-02-06 11:24:55

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ChainCatcher reports that, according to The Block, Ark Invest, led by Cathie Wood, 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.

The transaction disclosures show that Ark bought a total of 716,030 shares of Bullish stock through three of its exchange-traded funds. On the same day, it sold 119,236 shares of Coinbase stock. Cryptocurrency-related stocks generally declined on that day, with Bullish stock dropping 8.5% to $24.9, and Coinbase falling 13.3% to $146.12. The monthly declines for both stocks widened to 39.6% and 41.7%, respectively.

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