Ark Invest Buys Coinbase, Circle, Bullish and Robinhood

On Monday, Ark Invest increased positions in four crypto-focused stocks, purchasing 45,164 shares of Coinbase, 81,757 shares of Circle Internet Group, 149,422 shares of Bullish and 2,943 shares of Robinhood across its ARKK, ARKW and ARKF exchange-traded funds.

The firm's trading disclosure shows the purchases total about $16.90 million at Monday's closing prices: Coinbase $6.85 million, Circle $6.21 million, Bullish $3.54 million and Robinhood roughly $299,685. Coinbase closed at $151.65, Circle at $75.96, Bullish at $23.69 and Robinhood at $101.83. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite also posted gains on the session.

The three ETFs are actively managed and focus on innovation and financial-technology themes. Ark limits any single holding to no more than 10% of a fund's assets and rebalances holdings when price moves change weightings.

Recent company developments provide context for the trades. Circle expanded its partnership with BNY Mellon to provide full-lifecycle USDC services for institutional clients, enabling custody, transfer, minting and burning of USDC through BNY Mellon's digital custody wallets. Coinbase introduced tokenized U.S. stocks on its platform earlier in the month. Benchmark Equity Research maintained a Buy rating on Coinbase with a $270 price target.

The filing does not include commentary from Ark on the specific trades. Ark's public filings and fund updates describe its broader investment approach rather than individual trade rationale.

The purchases increase Ark's exposure to crypto infrastructure and trading platforms across its ETF portfolios.