Ark Invest, led by Cathie Wood, has made another significant investment in Coinbase, purchasing an additional $4.8 million worth of shares across three exchange-traded funds (ETFs) despite recent market volatility. This follows a previous $13.3 million investment within just 24 hours. Ark is deepening its commitment to Coinbase as it considers the cryptocurrency exchange vital for expanding their presence in the crypto space. The latest purchase, totaling over 31,730 shares, was made through ARKK, ARKW, and ARKF ETFs on Tuesday. Notably, ARKK invested $1.7 million, followed by ARKW with $2.3 million, and lastly, ARKF added $4,895 worth of shares. This action underlines Ark’s confidence in Coinbase’s future despite the challenging economic climate.