ARK Invest is seizing the opportunity presented by the recent downturn in the cryptocurrency market, making substantial investments in several key crypto-related stocks. According to analysts cited in the report, the outlook is promising for the long-term growth potential of the crypto sector.
ARK Invest's Significant Acquisition of Coinbase
On January 26, 2026, ARK Invest purchased a total of 38,854 shares of Coinbase through its ARK Innovation ETF (ARKK) and an additional 3,325 shares via the ARK Fintech Innovation ETF (ARKF), amounting to an investment of approximately $94 million in Coinbase stock. This significant acquisition underscores ARK's commitment to expanding its footprint in the cryptocurrency space.
Additional Acquisitions by ARK Invest
In addition to Coinbase, ARK also acquired the following shares:
- 129,446 shares of Circle Internet Financial, valued at around $92 million
- 88,533 shares of Bullish, investing approximately $32 million
Strategic Portfolio Adjustments
These moves indicate a robust strategy to capitalize on the potential recovery and growth of the crypto market.
Reducing Holdings in Meta
Interestingly, while ARK is increasing its crypto investments, it has also made a strategic decision to reduce its holdings in Meta by selling 12,400 shares. This rotation within its portfolio highlights ARK's adaptive approach to market conditions. Despite the recent volatility in crypto-related stocks, ARK remains optimistic, projecting that the crypto market could reach a staggering $28 trillion by 2030.
Coinone has been facing significant valuation challenges despite its efforts to enhance technology and expand its market presence. For more details on Coinone's financial struggles, see read more.
