ARK Invest Buys Coinbase, Circle and Bullish as Crypto Stocks Slide

Cathie Wooden’s ARK Invest has elevated its publicity to crypto-linked equities, including shares of Coinbase, Circle and Bullish as costs slid throughout the sector.

In keeping with ARK’s each day commerce disclosures for Friday, the ARK Innovation ETF (ARKK) bought 38,854 shares of Coinbase International Inc., whereas the ARK Fintech Innovation ETF (ARKF) added one other 3,325 shares, buying a complete of  $9.4 million value of the alternate shares. Coinbase shares closed down 2.77% on the day at $216.95.

ARK added a mixed 129,446 shares of Circle Web Group throughout ARKK and ARKF, a place value roughly $9.2 million. The agency additionally added 88,533 shares of Bullish throughout the identical ETFs, investing about $3.2 million. Circle shares had been little modified on the day, slipping 0.03% whereas Bullish shares declined 2% in the course of the session, closing at $35.75.

Alongside the crypto buys, ARK trimmed positions elsewhere within the portfolio, together with Meta Platforms, promoting 12,400 shares valued at roughly $8.03 million.

Associated: Cathie Wood says ARK’s $1.5M Bitcoin bull price hasn’t changed as markets eye rally

Crypto pullback weighs on ARK ETFs

As Cointelegraph reported, the downturn in crypto markets in the course of the fourth quarter of 2025 weighed heavily on several of Cathie Wooden’s ARK ETFs. In its quarterly report, ARK pointed to crypto-linked equities as a serious supply of weak spot throughout its flagship merchandise.

Coinbase emerged as the biggest detractor in the course of the quarter, dragging on efficiency on the ARK Subsequent Technology Web ETF (ARKW), ARKF and ARKK. ARK stated Coinbase shares fell extra sharply than Bitcoin (BTC) and Ether (ETH) as spot buying and selling volumes on centralized exchanges declined 9% quarter-on-quarter following October’s liquidation occasion.

Roblox was the second-largest drag on ARK ETFs, regardless of posting robust third-quarter bookings progress. Shares fell after the corporate warned of declining working margins in 2026 and confronted further stress following Russia’s ban of the platform.

Associated: Cathie Wood still bullish on $1.5M Bitcoin price target: Finance Redefined

ARK Invest sees crypto market reaching $28T by 2030

ARK’s continued curiosity within the crypto market comes as the agency expects the digital asset market may develop to $28 trillion by 2030, pushed largely by rising Bitcoin adoption and worth appreciation. In its Huge Concepts 2026 report, ARK projected the crypto market would develop at a 61% compound annual progress charge, with Bitcoin accounting for roughly 70% of the whole market worth.