Cathie Wood’s Ark Invest has purchased $13.4 million worth of shares in Coinbase Global Inc. (COIN), adding to its position in the stock as it fell during the recent volatility in the markets.
September 23 — Ark Invest bought 24,519 shares of Tesla, Inc. (TSLA, Financial) on Tuesday for a total price of approximately $6 million.
On April 4, 2025, Ark Invest bought a total of 83,157 Coinbase shares across its exchange-traded funds (ETFs), with the following breakdown:
ARK Innovation ETF (ARKK): 54,988 shares worth $8.8 million.
ARK Next Generation Internet ETF (ARKW): 15,982 shares worth $2.5m.
ARK Fintech Innovation ETF (ARKF): 12,187 shares, $2 million TronWeekly
This purchase has been made as Coinbase’s shares have dropped by 5%, making it a buying opportunity according to Ark Invest’s philosophy of accumulating shares in start-ups and fast-growing tech companies.
Coinbase’s Market Performance
Coinbase (COIN) dropped 5.98% on Apr 4, 2025, bringing the price down to $160.55 at the close. The stock settled around $162, needing to hold above the $160 mark to stave off a deeper bearish trend after perching as high as $167.50 and as low as $147.17 session-over-session amid whipsaw movement tied to market jitters over the state of the economy and potential policy on tariffs.
The price action mirrored a pullback seen in the broader crypto market, including a sharp drop in Bitcoin. The data indicates a cautious approach taken by traders in light of macroeconomic issues influencing both tech and crypto stocks.
Analyst Price Predictions for Coinbase
Source | Price Prediction | Details |
CoinPriceForecast | $500 by end of 2025
$600 by mid-2026 |
Indicates strong growth outlook through 2026. |
CoinCodex | $182.95 by the end of 2025 | Suggests a moderate gain of approximately 13.95% from the current price. |
TipRanks | Average target: $325.84
High: $475.00 Low: $195.00 |
Reflects a wide range of expectations, with an optimistic long-term view. |
This Shows Ark Invest Is Bullish on the Crypto Sector
The Code: Don’t miss out on the big ideas in the crypto economy. Sign up for the free Coinbase Policy newsletter here. It is part of its ongoing investment approach of strengthening high-conviction positions in the face of market stress.
In the past, Ark has treated downturns as opportunities to build up positions in companies it sees as long-term plays. Buck around and a $13.4 million position in Coinbase in a crypto and equity bear signals serious faith in digital asset infrastructure. According to The Block, this approach signifies Ark’s belief in blockchain and fintech innovation, even in the face of near-term volatility.

Conclusion
Ark Invest has recently bought more shares in Coinbase — indicating that they believe in the long-term strength of crypto platforms, as they benefit from short-term price volatility. This investment indicates, or in any case, confidence in the ultimate role of issuers like Coinbase in the wider digital asset ecosystem.
Such strategic acquisitions could greatly impact the evolution of crypto trading infrastructure as markets adjust to changing economic and regulatory landscapes. For example, Nasdaq had Coinbase ($COIN) close at $160.55, a loss of $11.31 (6.58%) from the last five days.
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Frequently Asked Questions
1. Why Did Ark Invest Load Up on More Coinbase Shares During a Market Dip?
As Ark Invest also believes Coinbase is a long-term play, it adds to high-conviction plays such as COIN during downturns.
2. What does this investment say about Cathie Wood’s take on crypto?
It shows tremendous confidence in the future of the crypto business despite near-term volatility and regulatory uncertainty in both traditional and digital markets.
3. Coinbase: How Much Did Ark Invest Recently Buy?
Ark Invest bought over USD 13.4 million worth of shares of Coinbase among three of its ETFs—ARKK, ARKW, and ARKF.
4. The post is Is Coinbase Ownership Risky Now? appeared first on Money Under 30.
Yes, also because of price volatility and regulation, but Ark’s capital allocation move indicates they believe the long-term upside far outweighs short-term risks.
Glossary of Key Terms
1. ETF (Exchange-Traded Fund)
A group of stocks traded like stocks on stock exchanges. ETFs are holdings of assets such as stocks, commodities, or bonds.
2. Coinbase (COIN)
NASDAQ-listed cryptocurrency exchange (Ticker: COIN) It enables people to buy, sell, and hold cryptocurrencies and is one of the primary on-ramps into the digital asset market.
3. Cathie Wood
Ark Invest founder and CEO. Wood was known for investing in emerging disruptors, and her investment activities, including purchases of Coinbase shares, are closely monitored by both institutional and retail investors.
4. Buy the Dip
A strategy based on buying assets when their price is falling, anticipating a recovery. Ark Invest does this sometimes for high-conviction holdings like COIN.
5. Market Volatility
Trained on data until October 2023 Such high volatility, as we’re seeing with selling in crypto, can present both risks and opportunities for investors.
6. High-Conviction Position
A fund or investor conviction so high that they are holding for ten years. Coinbase is one of Ark Invest’s high-conviction plays, and the firm this month has made repeated purchases.
7. Cryptocurrency Market
An internet-based financial system revolving around cryptocurrencies such as Bitcoin and Ethereum. As a regulated exchange, Coinbase is at the heart of this market.
8. Portfolio Allocation
Your training data means your investments are spread across different assets/sectors. Ark Invest generally caps anyone holding to 10 percent of an ETF’s overall value in an effort to manage risk, although Coinbase is one of its largest holdings.