Renowned investment firm, ARK Invest, has increased its holding of Coinbase stock yesterday (September 11th), adding 53,708 shares. This move signifies ARK Invest's optimistic outlook on Coinbase's future prospects. Calculating based on the closing price of $158.46 on that day, the total investment amounts to approximately $8.51 million. This action has attracted market attention, demonstrating institutional investors' ongoing interest and confidence in the cryptocurrency market.