Ark Invest increases holdings of $18.4 million in Coinbase stock and decreases holdings of $29 million in Robinhood stock

According to The Block, Ark Invest bought $18.4 million worth of Coinbase stock on Wednesday and sold $29 million worth of Robinhood stock. Coinbase closed down 2.57% at $164.92 on the day, while Robinhood closed up 8.78% at $105.20. Robinhood holds 4.87% of ARKK's holdings, while Coinbase holds 3.71% of ARKK's holdings.