Ark Invest increased its holdings in Robinhood stocks worth approximately $9.54 million and sold about $1.34 million of GBTC

ChainCatcher news, according to CoinDesk, Cathie Wood's fund Ark Invest purchased a total of 1,141,046 shares of Robinhood stock on Wednesday local time, through the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF. Based on Wednesday's closing price of $8.36, the total value of this acquisition is $9.54 million.

In addition, the ARK Next Generation Internet ETF sold 48,477 shares of GBTC, valued at $1.34 million. At the end of last month, the fund sold 72,509 shares of GBTC. Nevertheless, GBTC has the highest weight in the ETF at 9.88%.