Close Menu
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

Australia’s Digital Assets Face New Era Under Daniel Mulino

September 25, 2025

Elissa Slotkin Joins Warren In Trump Crypto Ethics Firestorm

September 25, 2025

Genesis Digital Assets Under Fire: FTX Trust Demands Billions

September 25, 2025
Facebook X (Twitter) Instagram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
X (Twitter) Telegram
Crypto JunctionCrypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Ark Invest Buys $11.5M in Coinbase Stock After 17% Crash Amid Market Turmoil
Crypto

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

Karly MarieBy Karly MarieMarch 13, 2025Updated:April 28, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Reddit Telegram Email Bluesky Copy Link
Cathie Wood’s Ark Invest Bets Big on Coinbase Amid COIN Stock Plunge
Share
Twitter Facebook Telegram Bluesky Pinterest Email Reddit Copy Link

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.
See also  Bitcoin Falls $120—Is the Market Losing Interest?

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.

See also  Circle Shares Slip After ARK Invest’s Sudden Exit

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.

AI stocks Ark Invest Bitcoin Crash Cathie Wood COIN stock Coinbase Crypto Market Tesla
Share. Twitter Facebook Telegram Email Bluesky Reddit Copy Link
Previous ArticleBlackRock CEO Warns of Inflation as Bitcoin Crashes Below $80K Amid $1 Trillion Crypto Wipeout
Next Article Bank of Korea Rejects Bitcoin Reserve Plans, Citing Volatility
Karly Marie
Karly Marie

Related Posts

News

Genesis Digital Assets Under Fire: FTX Trust Demands Billions

September 25, 2025
Crypto

AI x Crypto: How Artificial Intelligence is Powering the Next Wave of Web3

September 25, 2025
Regulation

The Transatlantic Taskforce: Crypto’s Next Big Turning Point

September 24, 2025
Add A Comment

Comments are closed.

– Advertisement –
Trending Posts
Investments

BlackRock Bitcoin ETF Price Hit $430M, Breaking 34 Day Streak

June 15, 2025
Ethereum

Osprey Funds Staking ETF Plan Questioned by SEC

June 15, 2025
Bitcoin

Bitcoin Accumulation Strategy Rejected by Coinbase

May 19, 2025

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

Australia’s Digital Assets Face New Era Under Daniel Mulino

September 25, 2025

Elissa Slotkin Joins Warren In Trump Crypto Ethics Firestorm

September 25, 2025

Genesis Digital Assets Under Fire: FTX Trust Demands Billions

September 25, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
  • Crypto Marketing
  • Daily Digest News
Telegram X (Twitter)
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 113,932.53
ethereum
Ethereum (ETH) $ 4,183.44
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.89
bnb
BNB (BNB) $ 1,022.84
solana
Solana (SOL) $ 209.89
usd-coin
USDC (USDC) $ 0.999868
staked-ether
Lido Staked Ether (STETH) $ 4,184.44
dogecoin
Dogecoin (DOGE) $ 0.231931
tron
TRON (TRX) $ 0.336651
cardano
Cardano (ADA) $ 0.799909
wrapped-steth
Wrapped stETH (WSTETH) $ 5,084.69
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,513.30
chainlink
Chainlink (LINK) $ 21.51
ethena-usde
Ethena USDe (USDE) $ 1.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 113,989.54
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.05
avalanche-2
Avalanche (AVAX) $ 29.73
hyperliquid
Hyperliquid (HYPE) $ 44.78
stellar
Stellar (XLM) $ 0.369647
sui
Sui (SUI) $ 3.25
bitcoin-cash
Bitcoin Cash (BCH) $ 560.16
wrapped-eeth
Wrapped eETH (WEETH) $ 4,510.18
weth
WETH (WETH) $ 4,185.93
hedera-hashgraph
Hedera (HBAR) $ 0.215547
leo-token
LEO Token (LEO) $ 9.63
litecoin
Litecoin (LTC) $ 106.37
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999768
usds
USDS (USDS) $ 0.999849
usdt0
USDT0 (USDT0) $ 1.00
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 114,093.57
shiba-inu
Shiba Inu (SHIB) $ 0.000012
the-open-network
Toncoin (TON) $ 2.66
crypto-com-chain
Cronos (CRO) $ 0.189355
whitebit
WhiteBIT Coin (WBT) $ 41.97
mantle
Mantle (MNT) $ 1.85
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.20
polkadot
Polkadot (DOT) $ 3.93
world-liberty-financial
World Liberty Financial (WLFI) $ 0.201429
monero
Monero (XMR) $ 291.76
uniswap
Uniswap (UNI) $ 7.62
dai
Dai (DAI) $ 1.00
aave
Aave (AAVE) $ 274.06
memecore
MemeCore (M) $ 2.43
okb
OKB (OKB) $ 189.91
pepe
Pepe (PEPE) $ 0.000009
ethena
Ethena (ENA) $ 0.551243
bitget-token
Bitget Token (BGB) $ 5.26
near
NEAR Protocol (NEAR) $ 2.71
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 258.71
aster-2
Aster (ASTER) $ 1.86
myx-finance
MYX Finance (MYX) $ 16.05
aptos
Aptos (APT) $ 4.25
bittensor
Bittensor (TAO) $ 307.98
ethereum-classic
Ethereum Classic (ETC) $ 18.44
ondo-finance
Ondo (ONDO) $ 0.882173
usd1-wlfi
USD1 (USD1) $ 1.00
story-2
Story (IP) $ 8.53
binance-staked-sol
Binance Staked SOL (BNSOL) $ 225.48
worldcoin-wld
Worldcoin (WLD) $ 1.26
binance-peg-weth
Binance-Peg WETH (WETH) $ 4,182.53
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
paypal-usd
PayPal USD (PYUSD) $ 1.00
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.226253
internet-computer
Internet Computer (ICP) $ 4.20
arbitrum
Arbitrum (ARB) $ 0.413458
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.61
pi-network
Pi Network (PI) $ 0.268386
susds
sUSDS (SUSDS) $ 1.07
plasma
Plasma (XPL) $ 1.12
kaspa
Kaspa (KAS) $ 0.075587
falcon-finance
Falcon USD (USDF) $ 0.998377
gatechain-token
Gate (GT) $ 16.60
kucoin-shares
KuCoin (KCS) $ 15.39
pump-fun
Pump.fun (PUMP) $ 0.005464
flare-networks
Flare (FLR) $ 0.026095
cosmos
Cosmos Hub (ATOM) $ 4.07
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 4,415.16
vechain
VeChain (VET) $ 0.021842
rocket-pool-eth
Rocket Pool ETH (RETH) $ 4,783.26
usdtb
USDtb (USDTB) $ 0.999885
algorand
Algorand (ALGO) $ 0.205695
kinetic-staked-hype
Kinetiq Staked HYPE (KHYPE) $ 44.73
render-token
Render (RENDER) $ 3.37
hash-2
Provenance Blockchain (HASH) $ 0.035349
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.027731
sei-network
Sei (SEI) $ 0.27835
bfusd
BFUSD (BFUSD) $ 0.999494
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 4,411.84
filecoin
Filecoin (FIL) $ 2.20
quant-network
Quant (QNT) $ 104.37
sky
Sky (SKY) $ 0.064665
liquid-staked-ethereum
Liquid Staked ETH (LSETH) $ 4,524.76
official-trump
Official Trump (TRUMP) $ 7.49
bonk
Bonk (BONK) $ 0.000019
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.566318
tether-gold
Tether Gold (XAUT) $ 3,880.83
immutable-x
Immutable (IMX) $ 0.716669
jupiter-exchange-solana
Jupiter (JUP) $ 0.433714
renzo-restaked-eth
Renzo Restaked ETH (EZETH) $ 4,433.79