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Cathie Wood’s ARK buys Coinbase and Robinhood as markets slide on Iran tensions

ARK Invest added shares of Coinbase and Robinhood across its ETFs during a market downturn linked to geopolitical tensions between the US, Israel and Iran.

1h agoMar 4, 2026, 8:49 AMNewsroom AI

Cathie Wood’s ARK Invest increased holdings in Coinbase and Robinhood as global markets slid amid heightened tensions tied to the US and Israel's conflict with Iran, adding the shares across its exchange-traded funds [1][4].

Reports put the purchases at meaningful levels: Blockonomi said ARK acquired roughly $4.1 million of Coinbase stock and about $12 million of Robinhood shares during Tuesday trading, while crypto.news reported the firm bought a total of 22,452 Coinbase shares; the moves came as Coinbase and Robinhood shares fell and broader indexes weakened [5][4].

Crypto Briefing noted ARK’s build-up of Robinhood stock came ahead of the broker’s “Take Flight” event, a timing the outlet described as indicative of confidence in Robinhood’s growth prospects amid the market downturn [2][1].

The trades were part of broader portfolio adjustments by ARK, which also modified stakes in other names such as Roblox, Shopify and Amazon, according to reports covering the firm’s activity during the sell-off [5].

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