TechFlame reports that Ark Invest purchased 41,453 shares of Coinbase stock through three of its exchange-traded funds on Tuesday, valued at approximately $6.9 million. The specific acquisitions were as follows: the Innovation ETF (ARKK) bought 29,689 shares worth $4.9 million; the Next Generation Internet ETF (ARKW) purchased 7,525 shares valued at $1.2 million; and the ARK Fintech Innovation ETF (ARKF) acquired 4,239 shares worth $704,000. This move reverses the firm's earlier reduction in Coinbase stock holdings at the beginning of this month. Currently, Coinbase stock accounts for 4%, 3.7%, and 5.6% of the holdings in the ARKK, ARKW, and ARKF funds, respectively.