Ark Invest increases holdings of cryptocurrency stocks such as Block, Circle, and Coinbase Ark Invest increased its holdings of cryptocurrency related stocks through multiple ETFs this Tuesday, taking advantage of price declines and the sluggish cryptocurrency market. According to transaction documents, Ark Invest purchased Block stock worth $13.5 million, Circle stock worth $7.6 million, and Coinbase stock worth $3.86 million, primarily through the Ark Innovation ETF (ARKK). As of Tuesday, Coinbase is ARKK's fourth largest holding stock, valued at $391 million, accounting for 5.22% of the investment portfolio. ARKK also holds $179 million worth of Circle and $85.2 million worth of Block. In addition, Ark Invest also purchased Bullish stock worth $1.52 million, Robinhood stock worth $878800, and Ark-21Shares spot Bitcoin ETF worth $2.8 million. Block closed up 2.96% on Tuesday, Circle fell 3.62%, and Coinbase fell 0.72%.