ARK Invest Buys $21.3M Robinhood Stake

On October 22, 2025, Cathie Wood’s ARK Invest purchased $21.3 million of Robinhood Markets stock — 167,489 shares total, split between ARKK (131,049) and ARKW (36,440) — a move that brought Robinhood to roughly 19% of both ETFs. The buy is part of ARK’s broader 2025 shift into crypto‑adjacent stocks, where the firm also added Coinbase, Bullish and BitMine and added Netflix while trimming positions in AMD, Palantir, Roblox and Roku. Robinhood has been expanding its crypto and international offerings — acquiring WonderFi (~$180 million) and Bitstamp (~$200 million), planning a Layer‑2 on Arbitrum and adding BNB trading — and its crypto arm reported $28.3 billion in Q2 2025 volume, up 24% year‑over‑year. Analysts say ARK’s purchase signals growing institutional confidence in retail crypto fintechs and could act as a catalyst for volatility and sentiment shifts in Robinhood stock and related crypto markets.