<div id="readability-page-1">Last Friday, Ark Invest deployed close to $47 million across three of its ETFs, purchasing stakes in Coinbase and BitMine Immersion Technologies. Across its ETFs, Ark Invest spent roughly $29.8 million on Coinbase shares, led by its main ARKK fund, which contributed approximately $22.6 million, according to the closing price on Friday. Coinbase shares fell […]</div>

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<p>Ark Invest invested nearly $47 million in crypto stocks last week, focusing on Coinbase and BitMine Immersion Technologies. The firm allocated about $29.8 million to Coinbase shares, primarily through its ARKK fund, which contributed approximately $22.6 million. This investment reflects Ark's continued interest in the cryptocurrency sector despite recent fluctuations in share prices.</p>

- Ark Invest invested nearly $47 million in three ETFs, acquiring shares in Coinbase and BitMine Immersion Technologies.  
- The main ARKK fund was responsible for about $22.6 million of the $29.8 million spent on Coinbase shares.  
- This investment comes despite a decline in Coinbase's share price.  

Ark Invest purchased nearly $47 million in crypto stocks last week