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Cathie Wood Sees Opportunity in Robinhood's Crypto Weakness. On Wednesday, Cathie Wood -led Ark Invest made a bold move by significantly increasing its position in Robinhood Markets Inc. (NASDAQ: HOOD ) , acquiring over 433,000 shares across multiple ETFs despite the stock’s 8% drop following a 38% plunge in crypto revenue. (NYSE: FIG) on the same day and sold a substantial amount of Airbnb Inc. The Robinhood Trade The trade on Wednesday was estimated to be worth $33. 9 million based on Robinhood stock’s closing price of $78. com Market News and Data brought to you by Benzinga APIs © 2026 Benzinga. 27 % ARKF ARK Blockchain & Fintech Innovation ETF $40. 57 - % ARK Blockchain & Fintech Innovation ETF (BATS: ARKF ) , ARK Innovation ETF (BATS: ARKK ) and ARK Next Generation Internet ETF (BATS: ARKW ) collectively purchased 433,806 shares of Robinhood. The buys came right after the Vlad Tenev -led company disclosed weaker-than-expected cryptocurrency transaction revenue of $221 million, dow...

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