ARK Invest Returns to Coinbase Buying: BTC Rise

BTC

BTC/USDT

$69,106.62
+5.74%
24h Volume

$21,280,120,173.00

24h H/L

$69,482.97 / $65,215.06

Change: $4,267.91 (6.54%)

Long/Short
65.0%
Long: 65.0%Short: 35.0%
Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$69,106.61

4.28%

Volume (24h): -

Resistance Levels
Resistance 3$83,750.00
Resistance 2$76,020.63
Resistance 1$70,507.91
Price$69,106.61
Support 1$66,747.82
Support 2$62,909.86
Support 3$47,080.00
Pivot (PP):$68,154.01
Trend:Downtrend
RSI (14):35.9
(10:51 AM UTC)
2 min read

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ARK Invest resumed buying Coinbase Global shares after reducing them and purchased approximately $15.2 million worth of shares through actively managed exchange-traded funds (ETFs) on Friday. The company led by Cathie Wood acquired 66,545 shares via ARK Innovation ETF (ARKK), 16,832 shares with Next Generation Internet ETF (ARKW), and 9,477 shares through Fintech Innovation ETF (ARKF). This purchase coincided with a sharp rise in Coinbase shares; the stock closed the day up 16.4% at 164,32 dollars.

Coinbase shares surged 16% on Friday

Impact of ARK Invest's Coinbase Purchases on the BTC Market

ARK increased its Roblox shares on the same day. Last week, it had reduced its Coinbase position with a $39.4 million sale. Coinbase reported a net loss of $667 million in Q4 2025; trading revenue fell 37%. This development aligns with BTC detailed analysis: BTC price 69.620$, 24h +3.82%, RSI 37.22 (Oversold).

BTC Technical Analysis: Critical Support and Resistance Levels

  • Supports: S1 65.415$ (Strong, 75% score), S2 60.000$ (66% score)
  • Resistances: R1 70.166$ (Strong, 78% score), R2 78.145$ (71% score)
  • Trend: Downtrend, Supertrend Bearish, EMA20: 74.275$

According to Arkham data, Binance's SAFU fund acquired 4.545 BTC worth $304M; NYSE approved multi-crypto ETF options. This supports the Coinbase rally.

The Future of Coinbase and Crypto Exchanges

Coinbase stock had lost more value than BTC/ETH. A management change at the Ethereum Foundation (Tomasz Stanczak leaving) could affect ETH, BTC futures should be monitored.

Frequently Asked Questions About ARK's Coinbase Purchases

Why did ARK buy Coinbase? Due to increased institutional confidence and BTC rally.

How does BTC affect Coinbase? Trading volume correlates with BTC price.

What are the future ETF moves? NYSE multi-crypto options are on the horizon.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

DK

David Kim

COINOTAG author

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