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Ark Invest increased its holdings of Coinbase stock by $4.09 million and Robinhood stock by $12.06 million
According to The Block, Ark Invest, led by Cathie Wood, purchased 22,452 shares of Coinbase stock through its ETF on Tuesday, valued at approximately $4.09 million; simultaneously, it bought 158,587 shares of Robinhood stock, valued at about $12.06 million.
This purchase comes as the U.S.-Iran conflict continues to escalate global market volatility, with Coinbase closing down 1.55% on Tuesday and Robinhood down 3.44%. Ark has been continuously adjusting its exposure to crypto-related stocks since early 2026, frequently increasing its holdings in Coinbase and Robinhood during downturns.
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