Ark Invest invests an additional $14 million in Robinhood! Cathie Wood reveals encryption stock triangular strategy.

Ark Invest's positioning in encryption-related stocks continues to heat up. According to the latest trading documents, the company acquired 123,336 shares of Robinhood Markets (HOOD) through the ARK Innovation ETF (ARKK) on Monday, valued at approximately $14.2 million. This transaction follows last Friday's $9 million acquisition, demonstrating Ark's long-term bullish confidence in Robinhood.

Continuous Investment: Shareholding Weight Increased to 4.09%

Acquisition on August 18: 123,336 shares, worth 14.2 million USD

Acquisition on August 15: valued at approximately 9 million USD

Shareholding weight: Robinhood's stake in ARKK has increased to 4.09%.

This is not the only major move by Ark recently. Last week, after the cryptocurrency exchange Bullish went public on the New York Stock Exchange, the company spent 172 million dollars to acquire shares in three ETFs, highlighting its continued commitment to betting on the digital asset industry.

Robinhood's encryption business shows impressive growth

Robinhood's latest financial report shows:

Q2 encryption trading volume: up 32% year-on-year, reaching 28 billion USD

encryption trading revenue: 98% year-on-year increase, reaching 160 million USD

This growth curve is highly aligned with Ark's investment logic. Cathie Wood pointed out in an interview that although Robinhood is a hybrid company, its encryption business has become its core growth engine.

Cathie Wood's "encryption stock triangle" strategy

Wood revealed that in Ark's core investment portfolio (ARKK, ARKF, ARKW), the largest CEX in the U.S., Circle, and Robinhood form a strategic triangle:

The largest CEX in the United States: Ecosystem leader, diversified business

Circle: Stablecoins and Payment Infrastructure

Robinhood: Integration of encryption trading and traditional brokerage business

She emphasized that the encryption product matrix showcased by Robinhood on Analyst Day demonstrates its long-term commitment to the digital asset space.

Stock Price Performance and Market Reaction

Closing price on August 18: 115.02 USD, up 0.74%

Increase in the past month: 4.8%

Year-to-date increase: 208.7%

Against the backdrop of the recovery of the encryption market and the rebound in trading volume, Robinhood's stock price has become an important barometer for investors tracking the cryptocurrency sector.

Conclusion

Ark Invest has made significant acquisitions in Robinhood for two consecutive times, which not only bets on the growth of the company's encryption business but also reflects Cathie Wood's "triangle allocation" strategy in the encryption stock market. As Robinhood's encryption trading volume and revenue continue to rise, its strategic position in Ark's portfolio may further enhance. For more real-time market data and in-depth analysis, please follow the official Gate platform.