Cathie Wood’s Ark Invest increased its positions in Coinbase, Circle, Bullish and Robinhood after all four stocks posted losses in Thursday’s trading session.
According to Ark Invest’s latest daily trading disclosure, the firm purchased 9,014 shares of Coinbase stock across ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). Based on Coinbase’s Thursday closing price of $142.52, the purchase price is worth approximately $1.28 million.
Here’s all the moves Cathie Wood and Ark Invest made on the stock market today, June 25th pic.twitter.com/fqk9sX1J7a
— Ark Invest Tracker (@ArkkDaily) June 26, 2026
The investment company also acquired 9,264 shares of Circle stock, valued at approximately $637,455, and 9,136 shares of Bullish stock, valued at approximately $199,895. Through ARKK, Ark added an additional 35,023 Robinhood shares with a market value of approximately $3.27 million.
Coinbase was down 5.06% on Thursday, Circle was down 3.06%, Robinhood was down 3.83% and Bullish was down 6.77%. As each stock traded lower, Ark increased its exposure.
Ark manages its exchange-traded funds with a policy of limiting any single holding to no more than 10% of the portfolio. The company regularly adjusts its positions to maintain those weights if stock prices change.
Ark continues to buy on bearish grounds
The latest purchases extend the pattern of buying stocks after a sharp pullback.
Last week, Ark bought approximately $18.4 million worth of Coinbase stock after the cryptocurrency exchange’s stock price fell nearly 13% month-over-month. The same portfolio update included a roughly $29 million sale of Robinhood stock as the brokerage traded near multi-month highs.
In early May, Ark amassed more than $4.4 million worth of bullish gains in two trading sessions after the exchange operator’s stock price fell for five consecutive sessions. Bullock previously reported a first-quarter net loss of $604.9 million, but adjusted revenue rose to $92.8 million.
Ark took a similar approach earlier this week when it bought about $32.5 million worth of SpaceX stock after the stock price fell more than 16% from its post-IPO high. The investment comes after the company already acquired about $444.3 million worth of SpaceX stock in its Nasdaq debut on June 12.
Cathie Wood expects inflation to ease
In a thread posted on X, Cathie Wood, CEO and co-founder of Ark Investments, said investors she met during roadshows across Asia and Europe remain concerned about inflation, but argued that price pressures could subside much sooner than expected.
During my roadshows in Asia and Europe, I was struck by investors’ concerns about inflation. They are surprised when I suggest that inflation could collapse significantly and not just because of oil prices. Inflation, measured by unit labor costs, has already fallen to 0.5% year-on-year.
— Cathie Wood (@CathieDWood) June 24, 2026
Wood said unit labor costs have already fallen by 0.5% year-on-year, noting that productivity gains are a key factor in lowering inflation.
He also criticized the government’s measurement of inflation, writing that former Federal Reserve Chairman Kevin Warsh understands the role productivity plays in controlling inflation.
“While some are predicting rate hikes sooner than they did a few months ago, I believe Mr. Warsh will give financial markets a masterclass in monetary policy.”
