Ark Invest buys $3.4 million in Coinbase, adds Circle and Robinhood as stocks fall

Cathie Wood's Ark Invest bought $3.4 million of Coinbase shares, $2.6 million of Circle, and $645,820 of Robinhood on Monday as those stocks traded lower. The purchases reflect Ark's continued accumulation of crypto-linked equities during weakness. Traders may read the buying as a modest confidence signal, but the amounts are small relative to Ark's positions and unlikely to move prices on their own.