Ark Invest Buys $39.4M in Robinhood Shares, Offloads $6.1M Bitcoin ETF on April 29

BTC0.25%

According to Ark Invest’s April 29 trading report, Cathie Wood-led Ark Invest purchased $39.4 million worth of Robinhood Markets (HOOD) shares across its Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation (ARKF) ETFs on Wednesday, while simultaneously selling $6.1 million worth of its own Ark 21Shares Bitcoin ETF from ARKW and ARKF. The firm bought a total of 553,892 HOOD shares and sold 243,147 shares of the Bitcoin ETF.

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