On Tuesday, Cathie Wood-led Ark Invest executed significant trades, including purchases of Circle Internet Group Inc. (NYSE:CRCL), Coinbase Global Inc. (NASDAQ:COIN), Robinhood Markets Inc. (NASDAQ:HOOD), ARK 21Shares Bitcoin ETF (BATS:ARKB), and Bitmine Immersion Technologies Inc. (NYSE:BMNR). These trades occurred as the cryptocurrency market faced extreme volatility, with major cryptocurrencies like Bitcoin experiencing notable declines.
Leading cryptocurrencies extended their selloff as Bitcoin (CRYPTO: BTC) slid below $73,000 to its lowest level since November 2024, triggering more than $750 million in liquidations amid “extreme fear” sentiment. The global crypto market cap fell to $2.59 trillion, while analysts flagged the possibility of a short-term relief rally despite deepening bearish expectations.
Don’t Miss:
Ark Invest’s ARK Innovation ETF (BATS:ARKK) and ARK Blockchain & Fintech Innovation ETF (BATS:ARKF) acquired 42,878 shares of Circle valued at approximately $2.4 million based on the closing price of $56.16.
Circle, the issuer of USDC (CRYPTO: USDC), saw its stock decline by 4.59% on the same day.
Ark Invest’s ARKF fund purchased 3,510 shares of Coinbase Global Inc , totaling approximately $630,606. Coinbase, a leading cryptocurrency exchange, experienced a 4.36% drop in its stock price, closing at $179.66.
Shares of Coinbase and other crypto-related companies traded lower after Bitcoin fell below $80,000 this week, pressured by a tightening U.S. liquidity environment that hit high-risk assets. The sell-off weighed on crypto equities as investors absorbed ETF losses and weakening market confidence across the sector.
ARKK, ARKF and ARK Next Generation Internet ETF (BATS:ARKW) funds collectively bought 89,677 shares of Robinhood, valued at around $7.8 million.
Trending: Earn While You Scroll: The Deloitte-Ranked #1 Software Company Growing 32,481% Is Opening Its $0.50/Share Round to Accredited Investors.
Robinhood shares slid sharply, down about 40% from their 52-week high, as a steep selloff pushed the stock into oversold territory despite weak momentum. ARK Invest bought roughly $32.7 million worth of shares, betting on a potential long-term boost from proposed “Trump Accounts” and a technical rebound.
ARKF and ARKW funds acquired a total of 135,131 shares of ARK 21Shares Bitcoin ETF, valued at approximately $3.4 million.
The ETF, which tracks the performance of Bitcoin, saw a 1.97% decline, closing at $25.36. This purchase highlights Ark’s continued belief in the potential of Bitcoin and its role in the future of finance.
ARKK fund bought 145,488 shares of Bitmine Immersion Technologies, worth about $3.25 million. The Tom-Lee chaired Bitmine, an Ethereum (CRYPTO: ETH) treasury management firm, experienced a 1.97% drop, with its stock closing at $22.35.
This acquisition aligns with Ark’s focus on companies that are integral to the infrastructure of the cryptocurrency market.
See Also: Designed for investors with strong market convictions, REX Shares builds ETFs for income, leverage, and tactical positioning — explore the lineup.
ARKF and ARKK funds purchased a total of 125,218 shares of Bullish, valued at approximately $3.5 million. Bullish, a digital asset exchange, saw its stock decline by 3.93%, closing at $27.64.
Ark’s investment in Bullish aligns with its strategy of backing companies that support the trading and exchange of digital assets. Bullish is backed by PayPal co-founder Peter Thiel. By comparison, crypto exchange Coinbase, a rival to Bullish, accounted for 3.52% of Ark’s portfolio by weight, while Bullish represented 1.15%. At the time of writing, Ark’s Bullish holdings were valued at $138.6 million.
Sold 620,490 shares of Draftkings Inc from ARKK and 165,000 shares from ARKW.
Sold 131,316 shares of Airbnb Inc from ARKK and 34,901 shares from ARKW.
Bought 11,168 shares of Alphabet Inc from ARKQ and 1,422 shares from ARKX.
Bought 83,569 shares of Roblox Corp from ARKK and 37,243 shares from ARKW.
Photo: ChrisStock82 / Shutterstock.com
Read Next: Motley Fool’s analysts have built a new lineup of passive ETFs — explore which “Foolish” strategy fits your investment goals.
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Rad AI’s award-winning artificial intelligence technology helps transform data chaos into actionable insights, enabling the creation of high-performing content with measurable ROI. Their Regulation A+ offering allows investors to participate at $0.85 per share with a minimum investment of $1,000, providing an opportunity to diversify portfolios into early-stage AI innovation. For investors seeking exposure to the rapidly growing AI and tech sector, Rad AI offers a chance to get in on the ground floor of a data-driven growth story.
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
Lightstone DIRECT gives accredited investors direct access to institutional-grade real estate, going beyond typical crowdfunding platforms. By cutting out middlemen, it aligns investor and manager interests while providing exposure to a $12B+ portfolio spanning multifamily, industrial, hospitality, retail, office, and life science properties. This approach allows investors to diversify their portfolios across multiple property types and markets, gaining professional-grade real estate exposure without the fees or misalignment common on other platforms.
Domain Money helps professionals and households earning $100,000+ take control of their finances with personalized, CFP professional-led guidance. By offering tailored financial planning, Domain empowers users to make smarter, more confident decisions across investments, retirement, taxes, and overall wealth strategy.
Masterworks enables investors to diversify into blue-chip art, an alternative asset class with historically low correlation to stocks and bonds. Through fractional ownership of museum-quality works by artists like Banksy, Basquiat, and Picasso, investors gain access without the high costs or complexities of owning art outright. With hundreds of offerings and strong historical exits on select works, Masterworks adds a scarce, globally traded asset to portfolios seeking long-term diversification.
BAM Capital offers accredited investors a way to diversify beyond public markets through institutional-grade multifamily real estate. With over $1.85 billion in completed transactions and guidance from Senior Economic Advisor Tony Landa, the firm targets income and long-term growth as supply tightens and renter demand remains strong—especially in Midwest markets. Its income-focused and growth-oriented funds provide exposure to real assets designed to be less tied to stock market volatility.
As digital assets become a larger part of diversified portfolios, traders increasingly look for platforms that offer transparency, efficiency, and control. Kraken Pro is an advanced trading interface from Kraken, one of the world’s leading cryptocurrency exchanges, designed for users who want more sophisticated tools without added complexity. With low, volume-based fees, a streamlined interface for managing spot, margin, and futures trading, and a strong focus on security and regulatory compliance, Kraken Pro provides a way to gain diversified crypto exposure through a clear, professional-grade trading experience.
REX Shares designs specialized ETFs for investors who want more precision than traditional broad-market funds can offer. Its lineup spans options-based income strategies, leveraged and inverse exposures, spot-linked crypto ETFs, and thematic funds tied to structural trends. By targeting specific income objectives, volatility profiles, or market themes, these ETFs can be used alongside core holdings to introduce differentiated return drivers and reduce reliance on a single market outcome, while maintaining the liquidity and transparency of the ETF structure.
Mode Mobile is redefining how people earn money through everyday smartphone use. Its EarnPhone and app ecosystem allow users to earn and save by playing games, listening to music, and reading news—turning screen time into income. With over 50 million beta users and a low $99 barrier to adoption, Mode Mobile has proven extreme competitiveness in the mobile market. Accredited investors can participate in the company’s growth at $0.50 per share, gaining exposure to a platform with a total addressable market exceeding $1 trillion and plans for a Nasdaq IPO. For investors looking to diversify into innovative consumer tech and mobile monetization, Mode Mobile offers a unique opportunity to tap into a fast-growing, user-driven digital economy.
UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
Get the latest stock analysis from Benzinga:
This article Cathie Wood Loads Up On Coinbase, Circle, Robinhood As Crypto Market Gripped By ‘Extreme Fear’ Amid Bitcoin Crash originally appeared on Benzinga.com