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Cointelegraphabout 3 hours ago1 min readT1

Cathie Wood’s Ark loads up on Coinbase, Robinhood as stocks slide on Iran conflict

Ark Invest purchased approximately $4.1 million in Coinbase shares and $12 million in Robinhood shares. The purchases occurred as broader markets declined due to geopolitical tensions related to the US-Iran conflict. Coinbase shares fell 1.55% and Robinhood shares fell 3.44% during the trading session. Ark Invest has recently shown a pattern of buying and selling Coinbase shares, with significant purchases last month.

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