{"id":8321,"date":"2025-08-20T10:17:02","date_gmt":"2025-08-20T10:17:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ark-invests-portfolio-boosted-with-21-2m-bullish-and-16-2m-robinhood-buys\/"},"modified":"2025-08-20T10:17:16","modified_gmt":"2025-08-20T10:17:16","slug":"ark-invests-portfolio-boosted-with-21-2m-bullish-and-16-2m-robinhood-buys","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ark-invests-portfolio-boosted-with-21-2m-bullish-and-16-2m-robinhood-buys\/","title":{"rendered":"ARK Invest\u2019s portfolio boosted with $21.2M Bullish and $16.2M Robinhood buys"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">ARK Invest\u2019s portfolio boosted stakes in Bullish and Robinhood on August 19 as crypto stocks tumbled.<\/p>\n<div id=\"cn-block-summary-block_981597b103113780bd9dbf4e2f6503f2\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>ARKK bought 356,346 Bullish shares worth $21.2M, lifting its Bullish stake to over 1.16M shares valued at $73.85M.<\/li>\n<li>The firm also acquired 150,908 Robinhood shares for $16.2M, marking the third consecutive day of Robinhood buys.<\/li>\n<li>These additions to ARK Invest\u2019s portfolio show the firm treated the dip as a buy opportunity amid 6%+ declines in both stocks that day.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h3 class=\"wp-block-heading\">ARK Invest\u2019s portfolio expands Bullish holdings post-IPO<\/h3>\n<p>On August 19, ARK\u2019s flagship Innovation ETF (ARKK) purchased 356,346 shares of Bullish, a buy valued at about $21.2 million based on the closing price of $59.51. This follows ARK\u2019s earlier allocation of 2.53 million Bullish shares worth roughly $172 million across three ETFs on the exchange operator\u2019s first trading day. As a result of these latest trades, ARKK now holds over 1.16 million Bullish shares, valued at approximately $73.85 million.<\/p>\n<p>For context, Bullish raised $1.1 billion in its IPO by selling 30 million shares at $37 each. The stock debuted strongly, climbing as much as 215% intraday to $118 before settling lower. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h3 class=\"wp-block-heading\">Robinhood buys continue for 3rd straight day<\/h3>\n<p>ARK Invest also added to its Robinhood Markets (HOOD) position, acquiring 150,908 shares worth about $16.2 million at Tuesday\u2019s closing price of $107.50. The purchase marks the 3rd consecutive trading day of buying, after spending $9 million on Friday and $14 million on Monday.<\/p>\n<p>Robinhood, a consistent ARK holding, has seen active adjustments in recent years. The firm previously sold down parts of its position in 2024 to remain compliant with SEC Rule 12d3-1, which limits ETF ownership of securities linked to registered brokers or advisers to 5% of assets.<\/p>\n<p>The latest purchases came against a backdrop of weakness in crypto equities, signaling that ARK Invest is treating the sell-off as an entry point. On Tuesday, both Bullish and Robinhood dropped over 6%, closing at $59.51 and $107.50, respectively.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ARK Invest\u2019s portfolio boosted stakes in Bullish and Robinhood on August 19 as crypto stocks tumbled. Summary ARKK bought 356,346 Bullish shares worth $21.2M, lifting its Bullish stake to over&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8321"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8321\/revisions"}],"predecessor-version":[{"id":8322,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8321\/revisions\/8322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3704"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}