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Gold
One platform for global traditional assets
Options
Hot
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Quick staking, earn potential new tokens
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Cathie Wood's investment firm Ark Invest purchased approximately $39.4 million worth of Robinhood (HOOD) stock through three of its exchange-traded funds (ETFs) on Wednesday, totaling 553,892 shares. At the same time, the firm sold 243,147 shares of its own Ark 21Shares Bitcoin ETF (ARKB) from ARKW and ARKF, worth about $6.1 million. Yesterday, Robinhood's stock price fell 13.2% to $71.20, mainly due to its first-quarter earnings report showing a roughly 50% decline in cryptocurrency revenue and trading volume compared to the end of last year. (TheBlock)