Overview
- ARK bought 22,452 Coinbase shares and 158,587 Robinhood shares across ARKK, ARKW, and ARKF on Tuesday, worth roughly $4.1 million and $12 million.
- The purchases came during a risk-off session tied to US–Iran tensions, with Nasdaq down 1% and S&P 500 off 0.94% as Coinbase fell 1.55% and Robinhood dropped 3.44%.
- Both stocks snapped back the next morning, with follow-up coverage reporting double-digit gains for Coinbase and high single digits for Robinhood as crypto prices rose.
- Coinbase’s recent Q4 2025 report showed a $667 million net loss that ended eight profitable quarters, a backdrop to the stock’s heightened volatility.
- ETF analyst James Seyffart flagged heavier-than-usual ARK trading that day, and the firm also added names like Roblox, Shopify, and Amazon while trimming holdings including Roku, Baidu, Taiwan Semiconductor, Nextdoor, and PagerDuty.