ChainCatcher report, according to The Block, Cathie Wood’s Ark Invest purchased 22,452 shares of Coinbase, valued at approximately $4.09 million, and 158,587 shares of Robinhood, valued at approximately $12.06 million, through its ETFs on Tuesday. This purchase comes amid escalating tensions between the U.S. and Iran, which have intensified global market volatility; Coinbase closed down 1.55% on Tuesday, while Robinhood fell 3.44%. Ark has been continuously adjusting its exposure to cryptocurrency-related stocks since early 2026, repeatedly increasing its positions in Coinbase and Robinhood during price declines.
Ark Invest purchases $4.09 million in Coinbase and $12.06 million in Robinhood shares amid market volatility.
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Summary
On Tuesday, amid market volatility, Ark Invest added $4.09 million in Coinbase and $12.06 million in Robinhood shares. The purchases occurred as global markets reacted to turbulence caused by U.S.-Iran tensions, with Coinbase down 1.55% and Robinhood down 3.44%. Since early 2026, Ark has been adjusting its exposure to crypto-related stocks, buying Coinbase and Robinhood during price declines driven by market volatility.
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