Wood Goes Shopping: ARK Bags Coinbase, Robinhood & Circle While Prices Bleed 🛒

Cathie Wood's ARK Invest expanded its positions in Coinbase, Robinhood, Circle and Bullish on June 25, adding shares across multiple ETFs as all four crypto-linked equities closed lower on the day. Coinbase stock ended the session at $142.52, down 5.06%, while Robinhood fell 3.83% to $93.47. Circle slipped 3.06% to $68.81, and Bullish was the steepest decliner of the group, dropping 6.77% to $21.88.

Robinhood received ARK's largest allocation. The ARK Innovation ETF (ARKK) purchased 35,023 shares, worth approximately $3.27 million at the closing price. ARKK also bought 6,588 shares of Coinbase ($COIN), while the ARK Next Generation Internet ETF (ARKW) added 1,678 COIN shares and the ARK Fintech Innovation ETF (ARKF) acquired 748 COIN shares. In total, ARK bought 9,014 Coinbase shares, valued at roughly $1.28 million.

The transactions were disclosed via the firm's daily trade filing and aggregated by Ark Invest Tracker (@ArkkDaily) on June 26, 2026. The buying activity comes as digital asset markets have pulled back, with ARK increasing exposure to publicly traded crypto-adjacent companies during the downturn. ARK has not publicly commented on the rationale behind the trades.

Beyond the crypto-stock purchases, ARK also added to its position in SpaceX during the same period, according to the same disclosure. The firm continues to operate actively managed ETFs that include both public equities and, through vehicles such as the ARK 21Shares Bitcoin ETF (ARKB), spot $BTC exposure.