Cathie Wood’s Ark Invest increased its stakes in Coinbase, Circle, Bullish, and Robinhood as crypto-linked stocks rallied on Monday, June 29, 2026. The purchases, made across three exchange-traded funds (ARKK, ARKW, and ARKF), came as improving market sentiment lifted digital asset companies. The latest trades further expanded Ark’s exposure to businesses focused on crypto trading, payments, and financial services.
Ark’s latest trading disclosure showed it purchased 45,164 Coinbase shares (COIN) worth about $6.85 million. The firm also acquired 81,757 Circle shares (CRCL) valued at $6.21 million, 149,422 Bullish shares (BLSH) worth $3.54 million, and 2,943 Robinhood shares (HOOD) valued at about $299,685.
By Monday’s closing bell, the underlying equities validated the entries. Coinbase climbed 1.74% to $151.65, Circle jumped 3.25% to $75.96, Bullish added 1.72% to $23.69, and Robinhood advanced 3.18% to close at $101.83.
Ark increases exposure as crypto firms expand
Ark regularly rebalances its exchange-traded funds when a single holding approaches 10% of a portfolio, adjusting positions during sharp market moves to maintain diversification while keeping exposure to companies it sees as long-term winners.
Several of the firm’s latest purchases have also been expanding their crypto businesses. Circle on Monday deepened its partnership with Bank of New York Mellon, making USDC the first digital asset supported on BNY’s Digital Asset Custody platform. Institutional clients can now custody, transfer, mint, and burn USDC through the platform, as well as convert U.S. dollars into USDC and redeem the stablecoin back into dollars.
Coinbase is also broadening its business beyond cryptocurrency trading. Earlier this month, the company introduced AI-powered financial tools, tokenized U.S. stocks, expanded trading services, and new payment features. Chief Executive Officer Brian Armstrong said Coinbase aims to bring crypto, traditional assets, payments, and artificial intelligence together in a single ecosystem, arguing that blockchain technology can serve as the foundation for the next generation of financial services.
AI and digital finance drive market optimism
Robinhood has also been expanding its AI offerings. The company recently introduced Agentic Trading and Agentic Credit Card as part of its push into AI-powered financial services. The trading feature lets customers connect AI agents to separate brokerage accounts while receiving real-time trade notifications, account activity updates, and profit or loss information through the mobile app.
Wood has remained optimistic about both technology and crypto markets despite recent volatility. Last November, she said liquidity conditions could improve and pointed to rising enterprise demand for artificial intelligence as another positive sign. Wood said, “We think this AI story has just begun. We are in the first inning.” She believes consumer adoption continues accelerating despite mixed corporate productivity results.
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