Ark Invest’s Major Move: $16.5 Million Coinbase Stock Buy Signals Crypto Optimism

• 16.5 million Coinbase (COIN) shares.
• Three ETFs with a total of 62,166 shares.
• This is Ark’s biggest purchase since August 1, 2025.
• Stock Performance: COIN’s closing price was $264.97, which was a 4.27% increase from the day before.

Cathie Wood, an investor at Ark Invest, put a lot of money into Coinbase on November 26, 2025. The company bought $16.5 million worth of shares, which is the most it has bought of the cryptocurrency exchange’s stock since early August. This move comes at a time when the crypto market is starting to bounce back after some recent drops.

Ark added 62,166 shares of COIN to three of its exchange-traded funds (ETFs). The ARK Innovation ETF, the ARK Next Generation Internet ETF, and the ARK Fintech Innovation ETF are some of them. Coinbase’s stock went up more than 4% on the day of the purchase, closing at $264.97.

Ark has already made a big bet on Coinbase before. The company has always seen the exchange as an important part of the digital asset market. In the past, Cathie Wood has praised Coinbase for making crypto easy to get to. In a tweet from May 2025, she congratulated Coinbase on joining the S&P 500, saying it was “well-deserved recognition.”

The timing is right for cryptocurrencies to start going up again. Bitcoin, the most popular digital coin, has been going up lately, which has helped stocks like Coinbase. Ark’s decision shows that they think the sector’s volatility is going down and that growth is possible in the future.

Cathie Wood’s plan is to invest in new technologies, like blockchain. In a post from June 2025, she talked about how people who own Bitcoin can use sites like Coinbase to get real-world benefits, like home loans. This purchase fits that vision and puts Ark in a good position to profit from the mainstream use of crypto.