Ark Invest yesterday "bought the dip" to increase holdings in Coinbase and Robinhood stocks

SmartContractAuditor · 2026-03-04T03:36:13+00:00

Cathie Wood's Ark Invest recently increased its holdings in Coinbase and Robinhood stocks, purchasing 22,452 and 158,587 shares respectively, worth approximately $4.09 million and $12.06 million. This comes as global markets experience increased volatility due to the US-Iran conflict. This reflects Ark's continued optimism towards crypto-related stocks.

SmartContractAuditor

2026-03-04 03:36:13

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Odaily Planet Daily reports that Cathie Wood’s Ark Invest “bought the dip” on Tuesday, purchasing 22,452 shares of Coinbase stock through its ETF, worth approximately $4.09 million; at the same time, it bought 158,587 shares of Robinhood stock, valued at about $12.06 million. This purchase coincides with the ongoing escalation of the US-Iran conflict and increased global market volatility. Coinbase closed down 1.55% on Tuesday, while Robinhood fell 3.44%. Ark has been continuously adjusting its exposure to crypto-related stocks since early 2026, repeatedly increasing its holdings in Coinbase and Robinhood during declines. (The Block)

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