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Ark Invest Buys $15.4M in Robinhood Shares Amid Market Drop

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Ark Invest added $15.4 million in Robinhood shares on December 11, as the stock fell 9.1%. The bulk went to ARKK, with the rest to ARKW. This follows a $7.5 million Coinbase buy a week prior. Robinhood holds 4.4% in ARKK and 4.7% in ARKW. Altcoins to watch remain in focus as trading volume dipped. Ark also bought 13,700 ARKB shares despite $16.4 million in outflows.
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