Ark Invest purchased $18M in Coinbase shares and sold $29M in Robinhood stock, buying COIN's dip while taking profits on HOOD's 8.78% surge.

The trades came as Coinbase's stock closed down 2.57% at $164.92 on Wednesday, while Robinhood gained 8.78%.

Ark Invest purchased $18M in Coinbase shares and sold $29M in Robinhood stock, buying COIN's dip while taking profits on HOOD's 8.78% surge.

Ark Invest sold 275K Robinhood shares into an 8.78% surge while buying 111K Coinbase and 236K Block shares on Wednesday, June 17, 2026.