Cathie Wood’s Ark Invest Bet Big On Robinhood, Coinbase With Over $1B Invested: Which Of The 2 Crypto-Linked Stocks Is Doing Better This Year?
Cathie Wood, the CEO of ARK Investment Management, and an experienced investor, continues to showcase her optimistic stance on the cryptocurrency industry. ARK Invest since 2022 augmented its position in Coinbase Inc (NASDAQ:COIN) and Robinhood Markets Inc (NASDAQ:HOOD) by adding a total of $1.13 billion in shares, as of writing. What Happened: ARK Invest holds stakes in both Coinbase and Robinhood through multiple funds, including ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF), and ARK Next Generation Internet ETF (ARKW). Wood’s holdings in COIN amount to over $838 million, whil…
