Ark Invest bought 38,865 shares of Coinbase stock worth $8 million on Monday and sold $8.2 million worth of spot Bitcoin ETF(ARKB), Internet reported. The company purchased COIN worth $8.7 million for the first time since October and sold ARKB worth $8.6 million for the first time since September. According to the company's disclosure, as of March 3, COIN is currently the sixth-largest shareholding in its ARKW fund, with a weight of 6%, and a value of approximately US$99.1 million. According to The Block's data dashboard, Coinbase is currently valued at $38.3 billion.