Cathie Wood’s ARK Invest Buys The Dip In Coinbase, Robinhood, Circle Stocks
Highlights
- Cathie Wood-led ARK Invest just bought the dip in Coinbase, Robinhood, Circle and Bullish stocks.
- The firm added millions worth of crypto stocks amid a downturn.
- Recently, it also added further stake in the SpaceX stock.
Cathie Wood’s ARK Invest purchased dip in crypto-related stocks amid the ongoing crypto market crash. In latest transactions, Coinbase, Robinhood, and Circle stocks took the spotlight.
Cathie Wood Adds More Shares of Coinbase, Circle & Robinhood
ARK Invest, led by Cathie Wood, raised its stake in a handful of crypto-related firms on June 25 amid a pullback. All four stocks bought the investment firm were down Thursday.
For context, Coinbase stock closed at $142.52, down 5.06%. Moreover, the Robinhood stock fell 3.83% to $93.47, while Circle slipped 3.06% to $68.81. Bullish was the most downbeat of the bunch, dropping 6.77% to $21.88.
ARK’s biggest allocation went to Robinhood, per latest disclosure. Cathie Wood’s ARK Innovation ETF (ARKK) ETF purchased 35,023 shares, totaling about $3.27 million at the closing price.
Similarly, ARKK bought 6,588 shares of Coinbase stock. Further, ARK Next Generation Internet ETF (ARKW) added 1,678 COIN shares and ARK Fintech Innovation ETF (ARKF) acquired an additional 748 COIN shares. In total, ARK bought 9,014 Coinbase shares, valued at approximately $1.28 million.
Here is every move Cathie Wood and Ark Invest made in the stock market today 6/25 pic.twitter.com/fqk9sX1J7a
— Ark Invest Tracker (@ArkkDaily) June 26, 2026
Cathie Wood’s ARK also made additions in the Circle stock. ARKQ acquired 1,724 shares, ARKF acquired 768 shares and ARKK acquired 672 shares. The two purchases were totaling 3,164 shares worth approximately $217,700.
Other Prominent Trades By The Firm
Another recipient of the buying activity was Bullish. ARKK bought 6676 shares, ARKW purchased 1702 shares and ARKF purchased 758 shares. In all, the firm acquired a total of 9,136 Bullish shares worth nearly $199,900 on Thursday.
The new investments arrived days after ARK bought an additional 111,799 Coinbase shares valued at approximately $18 million. Despite this buying pressure, the COIN stock has dropped significantly since then.
Meanwhile, in a separate announcement, the firm recently snapped up $32.5 million worth of SpaceX stock in four of its ETFs via 210,121 shares. The move came after ARK made an approximately $530 million investment in the stock at its initial public offering. However, since then SpaceX has been trading at a lower price, which erased Cathie Wood’s gains.
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