According to the daily trading email, Cathie Wood's Ark Fund (Ark Invest) increased its holdings of 297,000 shares of Coinbase stock (approximately $11.9 million) on Wednesday (December 14). Among them, ARKK increased its holdings by 176,000, increasing its total holdings to 6.139 million shares, worth $246.7 million. In addition, ARKW increased its holdings by 27,000, and ARKF increased its holdings by 93,000. ARKK is an actively managed ETF that invests in companies targeting disruptive innovation, including automation, robotics, and artificial intelligence. ARKF invests in equity securities of companies engaged in fintech innovations, the fund's investment theme. ARKW invests in innovations related to internet-based products and services, cloud computing, artificial intelligence, e-commerce and media.