ARK Invest Purchases $14.2 Million in Robinhood Shares Following Previous $9 Million Buy

TLDR ARK Invest purchased $14.2 million worth of Robinhood shares on Monday, following a $9 million purchase last Friday This increased Robinhood’s weighting to 4.09% in the ARK Innovation ETF (ARKK) Robinhood saw its crypto trading volume rise 32% year-over-year to $28 billion in Q2 The company’s transaction-based crypto revenue rose 98% to $160 million [...]

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