Overview
- Ark’s Oct. 22 trade disclosure shows $21.3 million in Robinhood purchases across ARKK and ARKW, with 131,049 and 36,440 shares added respectively.
- Following the buys, Robinhood accounts for nearly 19% of the combined holdings of the two ETFs.
- On the same day, Ark also increased stakes in Netflix and Arcturus Therapeutics, with no other purchases reported.
- The allocation aligns with Ark’s rotation into crypto‑adjacent names, following accumulations in Coinbase, Bullish and BitMine.
- Robinhood’s crypto push includes the WonderFi and Bitstamp acquisitions, development of a Layer‑2 on Arbitrum, and the addition of BNB trading.