# Ark Invest Scoops Up Coinbase and Robinhood Shares Amid Selloff

> Cathie Wood's Ark Invest bought Coinbase and Robinhood shares across three ETFs on March 3, including a $12M Robinhood dip buy.

By Blockster Newsdesk · March 4, 2026

Canonical: https://blockster.com/ark-invest-scoops-up-coinbase-and-robinhood-shares-amid-selloff

_Cathie Wood’s Ark Invest purchased shares of Coinbase (COIN) and Robinhood (HOOD) across three of its exchange-traded funds on March 3, increasing its exposure to crypto-adjacent equities during a broader market downturn. The Robinhood purchase alone totaled_ _**approximately $12 million**__, according to_ _[CoinGape](https://coingape.com/markets/robinhood-stock-price-prediction-as-cathie-wood-buys-12m-dip-in-bold-ark-move/)__._

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The acquisitions were distributed across Ark’s flagship funds — the **ARK Innovation ETF (ARKK)**, **ARK Next Generation Internet ETF (ARKW)**, and **ARK Fintech Innovation ETF (ARKF)** — signaling broad conviction in the firm’s crypto-related holdings rather than a one-off allocation.

[Post from @CoinMarketCap on X](https://twitter.com/CoinMarketCap/status/2029201994775253014?s=20)

## Buying Into Weakness

Ark’s purchases came amid heightened volatility across both equities and digital asset markets. Crypto-linked stocks such as Coinbase and Robinhood have faced pressure in recent weeks as risk appetite cooled across technology and crypto sectors.

Ark Invest has a long history of **adding to high-conviction positions during market drawdowns**, particularly companies tied to disruptive technologies such as artificial intelligence, fintech, and blockchain infrastructure.

Both Coinbase and Robinhood have been **recurring holdings in Ark portfolios**, reflecting the firm’s long-term thesis that crypto trading platforms will become core components of the evolving financial system.

## Coinbase and Robinhood Market Context

As of March 4, Coinbase shares are trading around the $200 level intraday, rising sharply as crypto-linked equities rally alongside Bitcoin’s move back toward the $70,000–$71,000 range.

At that level, Coinbase carries a market capitalization of roughly $50 billion, reinforcing its role as the largest publicly traded crypto exchange in the United States and a bellwether for institutional sentiment toward the digital asset sector.

Robinhood shares are trading in the mid-$70 range, after briefly pushing toward $79 earlier in the week as crypto-exposed equities gained momentum alongside improving sentiment in crypto markets. The company currently holds a market valuation of roughly $68–$71 billion.

[Post from @StockMKTNewz on X](https://twitter.com/StockMKTNewz/status/2028850540793245949?s=20)

Robinhood has increasingly positioned itself as a crypto-friendly brokerage, expanding its digital asset offerings and capturing a growing share of retail crypto trading activity.

> Together, the two companies represent key gateways into the digital asset ecosystem — Coinbase on the exchange infrastructure side and Robinhood on the retail trading platform side.

## Context and Implications

Ark Invest's move is notable given the broader macro backdrop. Markets are navigating uncertainty around monetary policy, geopolitical tensions, and shifting risk appetite — all factors that have contributed to volatility across both crypto and crypto-adjacent equities. Adding exposure during a downturn suggests Ark may view current valuations as an attractive entry point relative to its longer-term investment models.

Importantly, Ark’s purchases do not necessarily represent a short-term directional call on crypto prices. The firm typically operates on a **five-year investment horizon**, and both Coinbase and Robinhood align with its broader thesis around the convergence of fintech, blockchain infrastructure, and digital assets.

Investors tracking Ark’s **daily trade disclosures** — which the firm publishes voluntarily — will be watching closely to see whether additional purchases follow in the coming sessions, particularly if volatility across crypto markets persists.