While plenty of investors spent June nervously watching screens, Cathie Wood was shopping. ARK Invest purchased cryptocurrency-related shares during the month, with approximately $44 million of that going into Coinbase — though this aggregate figure remains unconfirmed by the underlying trade disclosures.
Inside the buying spree
ARK’s daily trade disclosures paint a picture of methodical accumulation rather than a single dramatic move. In mid-June, the firm scooped up approximately 111,799 shares of Coinbase worth around $18.4 million.
Then, on June 25-26, ARK went back for seconds. The firm added another 77,380 Coinbase shares valued at roughly $11.5 million across those two trading days.
Earlier in the month, smaller transactions had already started the buying campaign. Those included a purchase of 30,763 shares, with various trades during that stretch valued between $6.7 million and $10.2 million.
