- Ark Invest expanded its position in Robinhood with a $14.2 million share purchase on Monday, following a $9 million buy last week.
- The move highlights Ark’s bullish stance on crypto-related stocks as Robinhood reports strong growth in crypto trading volumes and revenue.
Cathie Wood’s Ark Invest has expanded its position in Robinhood Markets (HOOD), purchasing $14.2 million worth of shares on Monday, just days after a $9 million buy on Friday.
Ark Innovation ETF Adds to Robinhood Stake
According to Ark’s latest trading filing, the Ark Innovation ETF (ARKK) acquired 123,336 shares of Robinhood, lifting the stock’s weighting within the fund to 4.09% of total holdings. Monday’s purchase followed Friday’s $9 million buy, bringing Ark’s two-day total investment in Robinhood to over $23 million.
The move comes shortly after Ark’s substantial investment in crypto exchange Bullish, where the firm scooped up $172 million worth of shares across three ETFs following Bullish’s New York Stock Exchange debut.
Together, the two investments highlight Ark’s continued strategy of strengthening its exposure to companies positioned at the intersection of traditional finance and the digital asset industry.
Robinhood’s Crypto Business Drives Growth
Robinhood has emerged as one of the fastest-growing platforms for retail crypto trading. According to its second-quarter earnings report, the brokerage’s crypto trading volume surged 32% year-over-year to reach $28 billion. Meanwhile, transaction-based crypto revenue nearly doubled, rising 98% to $160 million.
The platform’s performance underscores the importance of digital assets to its long-term growth strategy, with Robinhood increasingly seen as more than just a stock-trading app. Its crypto unit is becoming a vital revenue driver, making it attractive to investors like Ark that are betting on the future of digital finance.
Market Reaction and Stock Performance
Following Ark’s latest purchase, Robinhood’s stock closed Monday at $115.02, up 0.74% on the day, according to Yahoo Finance data. The stock has been on a remarkable run in 2025, gaining 4.8% over the past month and soaring 208.7% year-to-date.
The sharp rally reflects not only strong earnings momentum but also renewed optimism around Robinhood’s expanding crypto business. As institutional investors like Ark continue to build exposure, Robinhood may increasingly be viewed as a hybrid fintech–crypto player rather than a pure retail brokerage.
 A Strategic Bet on Digital Assets
Ark Invest’s recent buying spree highlights its conviction in companies that stand to benefit from the ongoing adoption of cryptocurrencies and digital asset infrastructure. By increasing its stake in Robinhood, Ark is betting that the platform’s growing crypto business will continue to fuel revenue growth and market share gains.
As crypto volumes rise and regulatory clarity improves, Robinhood’s positioning could prove pivotal in the broader retail adoption of digital assets. With Ark’s vote of confidence, investors may see Robinhood not just as a trading app but as a key gateway to the future of digital finance.
