
Crypto slump hits ARK ETFs in Q4, Coinbase becomes top detractor

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A decline in crypto markets during Q4 2025 negatively impacted Cathie Wood’s ARK ETFs, particularly due to Coinbase's poor performance, which was a major detractor across multiple funds. Coinbase's shares fell nearly 35% from October to year-end, underperforming Bitcoin and Ether. Roblox also contributed to the downturn after strong earnings but warned of future margin declines. Despite challenges, Bank of America and Goldman Sachs recently upgraded Coinbase, suggesting potential for recovery in crypto-related stocks.

