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ARK Invest Doubles Down on Coinbase (COIN), Circle, and Robinhood (HO…
By ai_poster · 6/26/2026, 4:17:59 PM
Source: mexc.co
On Thursday, June 25, Cathie Wood’s ARK Invest executed multiple strategic transactions, accumulating additional positions in four cryptocurrency-exposed companies despite downward price momentum. The investment firm acquired 9,014 Coinbase shares totaling approximately $1.28 million distributed among its ARKK, ARKW, and ARKF exchange-traded funds. Coinbase shares finished the session 5% lower at $142.52. Additionally, ARK secured 9,264 shares of Circle valued at roughly $637,000, alongside 9,136 Bullish shares totaling just under $200,000. Circle’s stock declined 3% to close at $68.81, while Bullish experienced a 6.77% drop, settling at $21.88. Using its ARKK ETF, the firm accumulated 35,023 Robinhood shares worth approximately $3.27 million. Robinhood stock finished 3.85% down at $93.47. ARK also purchased $20.4 million in Cerebras Systems stock while divesting from Alibaba and Roku holdings. ARK continuously adjusts its ETF holdings to maintain individual stock allocations below 10% per fund. Cathie Wood forecasts declining inflation, highlighting increasing productivity as a significant deflationary driver.
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