According to The Block, Ark Invest, Cathie Wood's asset management company, increased its holdings of Coinbase stock by US$20.5 million yesterday. Among them, Ark Innovation ETF added 301,437 Coinbase shares, and Ark Next Generation Internet added 52,525 Coinbase shares. Ark Invest also added more than 265,000 shares of Robinhood stock to the Ark Next Generation Internet ETF, bringing it to about $2.5 million. Foresight News previously reported that on March 8, according to The Block, the Ark Invest Innovation ETF increased its holdings of 47,568 Coinbase shares yesterday, and its Next Generation Internet ETF increased its holdings of 8,031 Coinbase shares, while buying 1.06 million Robinhood shares. At current prices, Ark Invest’s purchases of Coinbase stock totaled approximately $3.44 million yesterday, and its Robinhood stock purchases totaled approximately $9.97 million.