ARK ETFs, including ARKK, ARKW, and ARKF, surged about 8% last week, driven by top performers.

From Nasdaq: 2025-06-24 06:00:00

Last week, Cathie Wood’s ARK ETFs, including ARKK, ARKW, and ARKF, surged about 8%. Despite recent challenges, ARKK reached a three-year high, driven by top performers like Palantir, Coinbase, and Roblox. Coinbase’s 30% surge came after entering the stablecoin market, with strong ties to Cathie Wood’s investments.

Tesla gained over 2% last week on robotaxi launch optimism, as the company tests robotaxis in Austin. Roblox shares jumped 8.8%, exceeding S&P 500 performance. The company reported better-than-expected Q1 results, with a quarterly loss of $0.32 per share and revenues of $1.21 billion, a 5.35% beat from estimates.

ARK ETFs rebounded with Coinbase’s surge, Tesla’s gains, and Roblox’s momentum. Cathie Wood’s innovation-driven strategy shows promise, signaling a potential turnaround for ARK ETFs. The recent momentum in key holdings like Coinbase, Tesla, and Roblox indicates a positive trajectory for Cathie Wood’s investments in the market.



Read more at Nasdaq: ARK ETFs Surged Last Week: Here’s Why