---
title: "Ark Invest buys more Coinbase as shares plunge 10% in wider market rout"
url: https://thecoingazette.com/ark-invest-buys-more-coinbase-as-shares-plunge-10-in-wider-market-rout/
date: 2026-11-05
modified: 2026-11-05
lang: en
author: "Coin Gazette Editorial"
description: "Cathie Wood's Ark Invest bought $2.44 million worth of Coinbase on Thursday as the stock plunged 9.69% amid a broader sell-off."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 21
---

# Ark Invest buys more Coinbase as shares plunge 10% in wider market rout

Cathie Wood's Ark Invest bought $2.44 million worth of Coinbase on Thursday as the stock plunged 9.69% amid a broader sell-off.