Overview
- Ark bought 124,427 Robinhood shares across ARKK and ARKW on Thursday, a roughly $15.4 million trade executed as the stock fell about 9%.
- Ark also purchased 13,700 shares of its ARKB Bitcoin ETF for about $417,000 despite recent net outflows following FOMC-driven volatility.
- Following the buy, Robinhood was reported as the seventh‑largest holding in both ARKK and ARKW, with low‑to‑mid single‑digit weightings.
- The moves extend a multi‑week shift toward crypto and trading‑platform names, including prior adds to Coinbase and other crypto‑linked holdings.
- Context for the Robinhood trade includes the broker’s European rollout of new XRP, Solana and Dogecoin pairs with up to 7x leverage and a November snapshot showing slower trading activity but higher deposits and margin balances.