#Robinhood Shares See $21M Purchase by #ArkInvest ETFs


Cathie Wood's Ark Invest acquired $21.3 million in Robinhood Markets stock through two of its exchange-traded funds on Wednesday. The purchase reflects the firm's growing interest in crypto-exposed equities.


The Ark Innovation ETF purchased 131,049 shares, while the ARK Next Generation Internet ETF acquired 36,440 shares. Robinhood now represents approximately 19% of both ETF portfolios.


Ark Invest has systematically expanded its #crypto exposure throughout 2025 by purchasing shares in Robinhood, Bullish, Coinbase, and $ETH treasury company BitMine. The investment strategy targets companies with substantial digital asset operations.


Robinhood has made several strategic acquisitions to strengthen its crypto offerings this year. The platform acquired Toronto-based WonderFi for roughly $180 million in May to enter the Canadian market.


The company completed a $200 million purchase of Bitstamp in June. That same month, Robinhood revealed plans to launch a layer-2 #blockchain built on Arbitrum technology.


Most recently, the platform added $BNB trading support. Robinhood Crypto generated $28.3 billion in trading volume during Q2 2025, marking a 24% year-over-year increase.


Robinhood stock declined 3.5% on Wednesday, closing at $127.22. The company continues to expand its #digitalasset infrastructure despite short-term price movements.


The purchases demonstrate institutional confidence in crypto-focused fintech platforms. Robinhood's diversified approach positions it as a major player in retail digital asset trading.

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October 23, 2025 at 2:08 PM
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