ARK Invest has sharply increased its holdings in Robinhood Markets (HOOD) while cutting back on crypto exposure. Recent trade disclosures show the firm bought large amounts of HOOD shares across its ARK Innovation, Next Generation Internet, and Fintech Innovation ETFs.
Here’s every move Cathie Wood and Ark Invest made in the markets today 4/29 pic.twitter.com/MBvQW0E5zx
— Ark Invest Tracker (@ArkkDaily) April 30, 2026
ARK doubles down on Robinhood amid fintech recovery
ARK’s move comes as Robinhood expands its presence in retail brokerage. The firm’s multi-fund purchase signals strong confidence in Robinhood’s growth prospects. ARK Invest has added Intellia Therapeutics and Kratos Defense & Security Solutions to its ARKK portfolio. At the same time, ARK sold shares of its ARK 21Shares Bitcoin ETF from both the ARKW and ARKF funds. Analysts see this as a tactical move to lock in profits or shift exposure from crypto to traditional fintech.
The company also reduced its stake in Twist Bioscience, showing a broader review of its tech holdings. By moving capital from crypto assets to Robinhood, ARK is focusing on financial infrastructure over direct crypto exposure.
Shifting strategy and AI investment
Alphabet continues to be a key AI investment for ARK, with a greater focus on digital infrastructure and AI that lead the sector. The portfolio shift comes as questions about the staying power of spot Bitcoin ETF inflows dominate investor searches. ARKB still ranks among the leading ETFs, but faces growing competition from BlackRock and Fidelity. Some analysts say ARK is taking profits from ARKB’s recent gains to invest in tech stocks seen as undervalued.
By increasing its HOOD position, ARK is betting on the growth of retail-driven finance. This approach reduces direct Bitcoin volatility while keeping exposure to digital assets through platforms that drive mainstream adoption.
Meanwhile, ARK Invest projects the global crypto market cap could hit $28 trillion by 2030, with Bitcoin leading the charge. The firm estimates Bitcoin could reach $761,900 per coin as it gains traction as an institutional asset. ARK also points to smart contract platforms and real-world asset tokenization as major drivers of future growth.
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