Why Cathie Wood Is buying the dip in Coinbase and Robinhood stocks

Cathie Wood's Ark Invest is buying Coinbase and Robinhood as markets dip. Find out why this could signal a crypto stock rebound!

Written by Simon Dumoulin

Adapted by March 4, 2026 at 08:33 by Simon Dumoulin

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Ark Invest Takes Advantage of the Dip to Buy Coinbase and Robinhood

Investment firm Ark Invest, led by Cathie Wood, has strengthened its exposure to cryptocurrency-related stocks by purchasing shares of Coinbase and Robinhood Markets. These purchases were made through several of the firm’s ETFs, including ARK Innovation (ARKK), ARK Next Generation Internet (ARKW), and ARK Fintech Innovation (ARKF).

In total, Ark acquired 22,452 Coinbase shares, valued at approximately $4.1 million, based on the closing price of $182.36. Meanwhile, the company also accumulated 158,587 Robinhood shares, representing a transaction of approximately $12 million, as the stock closed around $76.07.

These purchases come amid growing geopolitical tensions related to the conflict between the United States, Israel, and Iran, which is weighing on global financial markets. During the session, Coinbase declined 1.55%, while Robinhood dropped 3.44%, allowing Ark Invest to position itself at lower price levels.

Robinhood (HOOD) stock chart showing a decrease of approximately 3.44% with a price around $76 on the Nasdaq. — Source: Yahoo Finance

Portfolio Rebalancing and Pressure on Coinbase

Ark’s transactions are part of a broader reorganization of its portfolio. Alongside these purchases, the firm also strengthened its positions in several technology and innovative companies, including Roblox, Shopify, Amazon, DraftKings, CoreWeave, Genius Sports, BioNTech, and Eli Lilly.

Conversely, Ark reduced certain positions in companies such as Roku, Baidu, Taiwan Semiconductor Manufacturing, Nextdoor, and PagerDuty, as well as in several healthcare sector companies. According to James Seyffart, an ETF analyst, the company executed an unusually high volume of transactions during this day.

This volatility comes as Coinbase navigates a difficult period. The crypto platform recently announced a net loss of $667 million in the fourth quarter of 2025, ending eight consecutive quarters of profitability. Revenue declined 21.5% year-over-year, reaching $1.78 billion, primarily due to a sharp drop in transaction revenue, despite a slight increase in subscription and services revenue.

So @ARKInvest did a larger amount of trading today in their ETFs than i typically notice. Particularly large moves in $ARKG but also a lot of trading in $ARKK. $ARKG added over 1% in $BNTX and $LLY while selling $AMGN and others. pic.twitter.com/uJ2m4AtdTp
— James Seyffart (@JSeyff) March 4, 2026

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Simon Dumoulin

Passionate about cryptocurrencies since 2019, I cover the latest news through clear and accessible articles. My goal is to make crypto understandable for everyone, with reliable and well-researched content.

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