ARK, which is linked to Crypto, made a new purchase of 23 million dollars.

2025-08-19 01:05:04

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ARK Invest, led by Cathie Wood, bought $23.2 million worth of Robinhood shares on Friday and during yesterday’s trading session. Robinhood, which has attracted attention with its sharp rise in recent times and has gained more than 400% in value over the past year, has also become an important company for ARK Invest.

ARK Invest made the purchases through the Ark Innovation ETF (ARKK). The 9 million dollars from Friday, as well as the 14.2 million dollars worth of (123 thousand 336 shares) purchased yesterday, were also made with this fund.

Crypto-linked stock purchases are increasing

As a reminder, last week the shares of the cryptocurrency exchange Bullish, which went public for the first time, attracted great interest. ARK Invest also made a significant investment of 172 million dollars in Bullish shares. These purchases were made through 3 technology ETFs of the ARK company.

All these purchases clearly show ARK’s belief in the world of crypto and digital assets.

Robinhood, which provides stocks and crypto transactions with low transaction fees, has seen its revenue from crypto transactions increase by 98% since last year, reaching 160 million dollars.

Published: August 19, 2025 12:05 Last Updated: August 19, 2025 12:10

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