Cathie Wood’s ARK Innovation ETF purchased over 30,000 Coinbase shares and 114,000 Circle Internet Group shares last week, capitalizing on recent market volatility to increase its high-conviction growth holdings.

Key Points

• ARK Innovation ETF acquired 30,763 shares of Coinbase and 114,223 shares of Circle Internet Group during Thursday and Friday trading sessions.
• The purchases followed a significant market decline for both companies, with Circle shares dropping more than 11% on Friday.
• ARK divested 784,380 shares of Archer Aviation and 457,754 shares of Baidu to rebalance its portfolio.
• Coinbase currently trades at $152.50 per share, while Circle Internet Group is priced at $80.27 per share.
• Retail sentiment for both crypto-related stocks remains bearish despite the firm's aggressive buying strategy.

Why it Matters

These trades signal ARK Invest's continued confidence in digital-asset infrastructure despite broader market fluctuations and negative retail sentiment. By increasing exposure to Coinbase and Circle, the firm is positioning itself for the long-term integration of stablecoins and crypto-custody services into global financial systems.