ARK Invest Makes Bold $21M Bullish (BLSH) and $16M Robinhood (HOOD) Stock Moves - Crypto Market Reacts

ARK Invest just dropped serious cash on two fintech disruptors—proving once again that Cathie Wood's team plays chess while traditional finance plays checkers.

The $21 Million Bullish Bet

Bullish (BLSH) snags a massive $21 million injection from ARK's latest shopping spree. This isn't just another crypto play—it's a calculated move into institutional-grade digital asset infrastructure that could reshape how Wall Street interacts with blockchain.

The $16 Million Robinhood Gambit

Robinhood (HOOD) pulls in $16 million as ARK doubles down on democratized trading platforms. The retail trading app that broke the GameStop saga gets another vote of confidence from the innovation-focused fund.

While traditional fund managers were busy rebalancing their fossil fuel portfolios, ARK's loading up on the infrastructure that'll likely make those legacy holdings obsolete within a decade. Because nothing says 'financial revolution' like betting millions on platforms that actually understand what a digital native wants—unlike your grandfather's broker who still thinks blockchain is something you use to secure a bicycle.

Continued Acquisitions Despite Market Challenges 

ARK has continued its buying spree for Robinhood shares for the last three trading sessions in raw. The firm added nearly $14 million worth of Robinhood stock on Monday and $9 million more last Friday, reinforcing its position in the fintech firm.

ARK’s re-entry into Robinhood follows a series of sell-offs in 2024, when it was forced to offload shares to comply with SEC Rule 12d3-1, which limits ETF exposure to broker-dealers to no more than 5% of total assets.

However, the timing of the purchases comes as both Bullish and Robinhood shares plunged. On Tuesday, Bullish stock closed down 6.09% at $59.51, shedding another 3.24% in after-hours trading. Meanwhile, Robinhood slid 6.54% to $107.50, with an additional 1.23% dip post-market as per Google Finance data. 

Sector-Wide Sell-Off Adds Pressure

The broader market sentiment toward crypto equities turned sour this week. Major players like Coinbase, Galaxy Digital, MicroStrategy, and Circle all faced significant losses. This wider market nervousness was reflected in the 1.46% decline in the Nasdaq Composite.

Analysts noted that market attitude has changed since last week’s rate-cut optimism, which momentarily increased tech and cryptocurrency equities.

Also Read: Bitcoin price Dips Below $113,000 Amid SEC, AI, and Tariff Fears