ARK Invest Dumps Coinbase, Buys Bullish Amid Crypto Rout
ByAinvest
Friday, Feb 6, 2026 6:44 am ET1min read
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ARK Invest sold $17.4 million of Coinbase stock and bought a similar amount in Bullish stock amid the ongoing crypto market rout. Cathie Wood's investment management company sold 119,236 COIN shares, worth $17.4 million, and bought 716,030 BLSH shares, worth $17.8 million. This move is common for ARK Invest, which attempts to capitalize on value from equities and rebalance its holdings.
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