bitcoin
Bitcoin (BTC) $ 83,383.34
ethereum
Ethereum (ETH) $ 1,902.69
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.31
bnb
BNB (BNB) $ 578.67
solana
Solana (SOL) $ 126.06
usd-coin
USDC (USDC) $ 1.00
cardano
Cardano (ADA) $ 0.719863
dogecoin
Dogecoin (DOGE) $ 0.169542
tron
TRON (TRX) $ 0.221392
staked-ether
Lido Staked Ether (STETH) $ 1,896.70
pi-network
Pi Network (PI) $ 1.53
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,205.29
chainlink
Chainlink (LINK) $ 14.09
leo-token
LEO Token (LEO) $ 9.73
stellar
Stellar (XLM) $ 0.275692
usds
USDS (USDS) $ 1.00
wrapped-steth
Wrapped stETH (WSTETH) $ 2,275.76
hedera-hashgraph
Hedera (HBAR) $ 0.192329
avalanche-2
Avalanche (AVAX) $ 18.72
shiba-inu
Shiba Inu (SHIB) $ 0.000012
sui
Sui (SUI) $ 2.23
the-open-network
Toncoin (TON) $ 2.83
litecoin
Litecoin (LTC) $ 90.54
bitcoin-cash
Bitcoin Cash (BCH) $ 331.27
polkadot
Polkadot (DOT) $ 4.15
mantra-dao
MANTRA (OM) $ 6.24
ethena-usde
Ethena USDe (USDE) $ 1.00
weth
WETH (WETH) $ 1,902.72
bitget-token
Bitget Token (BGB) $ 4.35
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999913
hyperliquid
Hyperliquid (HYPE) $ 13.85
whitebit
WhiteBIT Coin (WBT) $ 28.27
wrapped-eeth
Wrapped eETH (WEETH) $ 2,021.39
monero
Monero (XMR) $ 207.26
uniswap
Uniswap (UNI) $ 5.90
susds
sUSDS (SUSDS) $ 1.04
dai
Dai (DAI) $ 0.999749
near
NEAR Protocol (NEAR) $ 2.64
aptos
Aptos (APT) $ 5.16
pepe
Pepe (PEPE) $ 0.000007
ethereum-classic
Ethereum Classic (ETC) $ 18.07
okb
OKB (OKB) $ 45.08
ondo-finance
Ondo (ONDO) $ 0.86988
internet-computer
Internet Computer (ICP) $ 5.59
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,392.34
aave
Aave (AAVE) $ 166.87
gatechain-token
Gate (GT) $ 20.44
mantle
Mantle (MNT) $ 0.727163
official-trump
Official Trump (TRUMP) $ 11.68
crypto-com-chain
Cronos (CRO) $ 0.082213
tokenize-xchange
Tokenize Xchange (TKX) $ 27.02
vechain
VeChain (VET) $ 0.024183
bittensor
Bittensor (TAO) $ 244.52
first-digital-usd
First Digital USD (FDUSD) $ 0.999681
celestia
Celestia (TIA) $ 3.59
kaspa
Kaspa (KAS) $ 0.07325
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.21411
ethena
Ethena (ENA) $ 0.347244
filecoin
Filecoin (FIL) $ 2.84
cosmos
Cosmos Hub (ATOM) $ 4.03
fasttoken
Fasttoken (FTN) $ 3.99
algorand
Algorand (ALGO) $ 0.19787
sonic-3
Sonic (prev. FTM) (S) $ 0.529398
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 83,331.33
render-token
Render (RENDER) $ 3.04
arbitrum
Arbitrum (ARB) $ 0.350823
arbitrum-bridged-usdt-arbitrum
Arbitrum Bridged USDT (Arbitrum) (USDT) $ 0.9994
story-2
Story (IP) $ 5.82
optimism
Optimism (OP) $ 0.86087
jupiter-exchange-solana
Jupiter (JUP) $ 0.512634
kucoin-shares
KuCoin (KCS) $ 11.02
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.510788
solv-btc
Solv Protocol SolvBTC (SOLVBTC) $ 83,149.28
binance-peg-weth
Binance-Peg WETH (WETH) $ 1,903.37
movement
Movement (MOVE) $ 0.453751
nexo
NEXO (NEXO) $ 1.08
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 1,974.86
xdce-crowd-sale
XDC Network (XDC) $ 0.067326
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
maker
Maker (MKR) $ 1,167.98
dexe
DeXe (DEXE) $ 17.20
usual-usd
Usual USD (USD0) $ 0.997719
blockstack
Stacks (STX) $ 0.638134
injective-protocol
Injective (INJ) $ 9.77
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,136.92
worldcoin-wld
Worldcoin (WLD) $ 0.85076
immutable-x
Immutable (IMX) $ 0.527906
sei-network
Sei (SEI) $ 0.200565
binance-staked-sol
Binance Staked SOL (BNSOL) $ 131.08
flare-networks
Flare (FLR) $ 0.014798
theta-token
Theta Network (THETA) $ 0.880255
the-graph
The Graph (GRT) $ 0.092799
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 0.998914
bonk
Bonk (BONK) $ 0.000011
lido-dao
Lido DAO (LDO) $ 0.923509
solv-protocol-solvbtc-bbn
Solv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 82,142.01
paypal-usd
PayPal USD (PYUSD) $ 1.00
eos
EOS (EOS) $ 0.500227
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,018.51

Ark Invest Buys $11.5M in Coinbase Stock After 17% Crash Amid Market Turmoil

Cathie Wood’s Ark Invest Bets Big on Coinbase Amid COIN Stock Plunge

Despite a brutal selloff in crypto stocks, Ark Invest has doubled down on its Coinbase (COIN) holdings, acquiring 64,358 shares worth $11.5 million across two of its exchange-traded funds (ETFs).

The move came after COIN plummeted 17.6% on Monday, falling to $172. The Cathie Wood-led firm added:

  • 52,753 shares ($9.4M) to the Ark Innovation ETF (ARKK)
  • 11,605 shares ($2.1M) to the Ark Fintech Innovation ETF (ARKF)

Ark’s buying spree comes after it scooped up an additional $8 million in Coinbase stock last week and $8.7 million the week before, bringing its three-week investment in COIN to $28.2 million.

Coinbase Remains a Key Holding for Ark Invest

Ark limits individual holdings to 10% of a fund’s portfolio to maintain diversification. Based on its latest disclosures:

  • COIN is the third-largest holding in ARKK (7.1% weighting, valued at ~$375.1M), trailing Tesla and Roku.
  • COIN is the second-largest holding in ARKF (7.7% weighting, valued at ~$65.7M), behind Shopify.

After Monday’s 17.6% drop, COIN rebounded 4.3% in pre-market trading Tuesday. The company’s market valuation now stands at $33.3 billion.

Crypto Stocks and Bitcoin Face Heavy Losses

The Coinbase slump was part of a broader market downturn, with major crypto-related stocks suffering significant losses:

  • MicroStrategy (MSTR): -16.7%
  • Marathon Digital (MARA): -16.3%
  • Bitcoin (BTC): -7.6%
  • GMCI 30 Index (tracking top 30 cryptos): -8.4%

Ark Invest’s Strategic Rebalancing Amid Market Turbulence

Besides Coinbase, Ark also bought 269,864 Robinhood (HOOD) shares worth $9.6M, capitalizing on a 19.8% drop in HOOD stock.

At the same time, Ark sold 375,607 shares in Block (SQ) across its ARKK and ARKW funds after an 8.8% drop in Block’s stock price.

Beyond crypto stocks, Ark also bought Tesla (TSLA), Palantir (PLTR), AMD, Tempus AI (TEM), and Robinhood (HOOD) while trimming its holdings in SoFi (SOFI), Block (SQ), and UiPath (PATH).

Cathie Wood’s Bullish Outlook on Crypto and AI Stocks

Despite ongoing market turmoil, Cathie Wood remains optimistic. She believes the current selloff represents “the last leg of a rolling recession” and predicts a “deflationary boom” in the second half of 2025.

She also suggests that this market downturn could provide more policy flexibility for the Trump administration and the Powell-led Federal Reserve than many investors expect.

Ark has long been bullish on crypto and AI innovation, and Wood believes these sectors will thrive under Trump’s policies.

Hot this week

BlackRock CEO Warns of Inflation as Bitcoin Crashes Below $80K Amid $1 Trillion Crypto Wipeout

The cryptocurrency market is in turmoil as Bitcoin tumbles...

Bitcoin Hits $109K Before Trump’s Inauguration, Drops 9% Amid Policy Uncertainty

Bitcoin’s price rollercoaster continued this week as speculation over...

Bitcoin Surges and Crashes as Trump’s Inauguration Fuels Crypto Speculation

Bitcoin investors experienced a rollercoaster ride this week as...

What Is the Melania Trump Meme Coin and How Much Is It Worth?

Just hours before returning to the White House, Melania...

9 Best Shitcoins to Buy in March 2025 High-Risk, High-Reward Crypto Picks

Shitcoins may lack traditional utility, but they remain a...
bitcoin
bitcoin

Bitcoin (BTC)

Price
$ 83,383.34

Topics

Bitcoin Hits $109K Before Trump’s Inauguration, Drops 9% Amid Policy Uncertainty

Bitcoin’s price rollercoaster continued this week as speculation over...

Bitcoin Surges and Crashes as Trump’s Inauguration Fuels Crypto Speculation

Bitcoin investors experienced a rollercoaster ride this week as...

What Is the Melania Trump Meme Coin and How Much Is It Worth?

Just hours before returning to the White House, Melania...

9 Best Shitcoins to Buy in March 2025 High-Risk, High-Reward Crypto Picks

Shitcoins may lack traditional utility, but they remain a...

Bitcoin Plummets Below $90K Amid Crypto Market Turmoil

Bitcoin’s price tumbled below the $90,000 mark on Tuesday,...

Solana’s SOL Drops Below Key Price Level for First Time in Three Years

Solana’s native token, SOL, suffered a sharp decline on...

BNB Chain Surpasses Solana in Daily Fees, Becomes Industry Leader

BNB Chain, the blockchain linked to Binance, has achieved...

Related Articles

Popular Categories