PANews reported on August 7 that according to Ark Invest Daily data, ARK Invest bought 13,833 shares of Coinbase through its ARKK fund, 2,743 shares of Coinbase through its ARKW fund, and 3,316 shares of Coinbase through its ARKF fund on August 6, which was worth about $3.86 million at the closing price of $194 on the same day. In addition, the ARKK fund also purchased 121,917 shares of Robinhood stock.