Coinbase Soars Following Ark Invest’s Significant Investment

Shares in Coinbase Global (COIN) surged following a substantial investment by Cathie Wood’s Ark Invest, which purchased $16.5 million worth of stock on November 26, 2025. This move coincides with COIN rebounding from a recent 30% decline and closing at $264.97, up 4.27%. Ark Invest’s largest acquisition of COIN shares since August 1st indicates strong confidence in the company’s prospects for growth as market conditions show signs of improving.