ARK Loads the Coinbase-Circle Cart Ahead of the Senate's CLARITY Encore 📜

Cathie Wood's ARK Invest purchased additional shares of Coinbase Global and Circle Internet Group across multiple exchange-traded funds on August 3, filings show, as the U.S. Senate prepared to revisit the CLARITY Act. The buying activity spanned ARK's flagship and thematic funds, with Coinbase Global ($COIN) shares closing at $146.50, up 0.16%, and Circle Internet Group ($CRCL) shares closing at $60.35, down 3.61% for the session.

ARK Innovation ETF (ARKK) led the Coinbase accumulation, acquiring 38,761 $COIN shares valued at approximately $5.68 million as of the close. ARK Next Generation Internet ETF (ARKW) purchased roughly $1.63 million worth of $COIN, representing 11,133 units, while ARK Fintech Innovation ETF (ARKF) added 4,882 $COIN shares valued at approximately $715,213. In aggregate, ARK bought 54,776 $COIN shares across the three funds, totaling about $8.02 million.

On the Circle side, ARKK acquired 17,910 $CRCL shares worth approximately $1.08 million, according to the disclosure. ARKW purchased an additional 5,160 $CRCL shares for about $311,406, bringing ARK's combined Circle position to 23,070 shares valued at roughly $1.39 million.

The transactions come as the Senate moves closer to another vote on the CLARITY Act, legislation aimed at defining the regulatory perimeter for digital asset markets in the United States. ARK's disclosures reflect activity dated August 3, with share counts and valuations tied to that session's closing prices.