5 Best ARK Stocks To Buy Now

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1. Coinbase Global, Inc. (NASDAQ:COIN)

Number of Q4 2023 Hedge Fund Shareholders: 41

Ark Invest’s Q1 2024 Investment Stake: $1.1 billion

Coinbase Global, Inc. (NASDAQ:COIN) operates as a financial infrastructure and technology company, serving the cryptocurrency sector globally. Its offerings include a financial platform for consumers, a marketplace facilitating crypto asset transactions for institutions, and technology solutions enabling developers to create applications based on cryptocurrency and securely accept crypto payments.

According to Insider Monkey’s Q4 2023 database, 41 out of the 933 hedge funds had invested in Coinbase Global, Inc. (NASDAQ:COIN). Catherine D. Wood’s ARK Investment Management owned the largest stake, valued at $1.4 billion.

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