Ark Invest bought 38,865 shares of Coinbase worth $8 million on Monday and dumped $8.20 million worth of spot Bitcoin ETF (ARKB). The company bought $8.70 million worth of COIN for the first time since October and sold $8.60 million worth of ARKB for the first time since September. According to the company's disclosure, as of March 3, COIN is currently the sixth largest holding in its ARKW fund, with a weighting of 6% and a value of about $99.10 million. According to The Block's data dashboard, Coinbase is currently valued at $38.30 billion.