Ark Invest Snaps Up More Coinbase and Robinhood Shares Amid Market Slide

Ark Invest has made significant purchases of Coinbase and Robinhood shares across three of its exchange-traded funds (ETFs). The firm acquired 22,452 Coinbase shares through the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF. With a closing price of $182.36, this combined transaction was valued at roughly $4.1 million.

The purchases follow a pattern of active trading around COIN in recent months. Ark resumed buying Coinbase shares after a period of selling last month, acquiring approximately $15.2 million worth of stock. This came after the firm sold roughly $17.4 million in Coinbase shares on February 5 and another $22 million on February 6.

Coinbase's recent stock volatility coincides with a difficult earnings period. The company reported a $667 million net loss for the fourth quarter of 2025, ending eight consecutive profitable quarters.