Ark Invest, led by Cathie Wood, has increased its holdings in Coinbase and Robinhood, purchasing $4.09 million and $12.06 million worth of shares, respectively. The investment firm acquired 22,452 shares of Coinbase and 158,587 shares of Robinhood through its ETF on Tuesday. This move comes as global markets experience heightened volatility due to the US-Iran conflict. Despite the purchases, Coinbase shares closed down 1.55%, while Robinhood shares fell 3.44% on the same day. Ark Invest has been strategically increasing its exposure to crypto-related stocks during market downturns since early 2026.
Ark Invest Boosts Coinbase and Robinhood Holdings Amid Market Volatility
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
