Led by Cathie Wood (Cathie Wood), Ark Invest bought $4 million worth of Coinbase (COIN) shares and $12 million worth of Robinhood (HOOD) shares on Tuesday as the market declined. Driven by the rise in cryptocurrency prices, these two stocks rebounded approximately 13% and 9% respectively on Wednesday, but their declines over the past six months remain about 33% and 19%. This purchase expanded Ark's existing large holdings in both companies. Ark also bought a small amount of shares in Brera Holdings but did not increase its holdings of Circle (CRCL) shares, which have risen over 27% in the past five days.