Ark Invest Bought the Dip on COIN and HOOD, Continues to Accumulate Crypto-Related Stocks

BlockBeats News, March 4th, Ark Invest, led by Cathie Wood, once again increased its holdings of Coinbase and Robinhood stocks through its ETFs on Tuesday, continuing to expand its exposure to crypto-related stocks amidst global market volatility.

Trading documents show that on Tuesday, Ark bought a total of 22,452 shares of Coinbase through its ARKK, ARKW, and ARKF ETFs, valued at approximately $4.09 million based on the closing price of $182.36. At the same time, they purchased 158,587 shares of Robinhood, valued at around $12.06 million (closing price of $76.07).

Recently, amid geopolitical uncertainties such as the US-Iran conflict, the US stock market has been under pressure. On Tuesday, Coinbase fell by 1.55%, and Robinhood dropped by 3.44%. Ark's additional positions this time continue its long-term bullish view on crypto platforms. Since 2026, Ark has consistently adjusted its holdings of crypto-related stocks, increasing its holdings of Coinbase and Robinhood several times during declines, and purchasing shares of Circle and Bullish exchanges.

According to Ark's disclosure, as of March 3rd, COIN is the sixth-largest holding in its ARKK fund, with a weight of 4.21%, valued at approximately $281 million; HOOD ranks seventh with a weight of 4.07%; Circle ranks eighth with a weight of 4.05%.