Cathie Wood of Ark Invest continues to make bold moves in the market, recently adding $21.3 million worth of Robinhood shares to her flagship ETFs.

Robinhood, known for commission-free trading, has expanded into the digital asset space and is now a major player in the crypto ecosystem.

Ark’s investment in Robinhood represents a broader trend of accumulating crypto-adjacent stocks, aligning with Wood’s belief in blockchain-based finance.

Despite volatility, Ark’s funds have been accumulating companies with strong user growth and compliance in the digital asset space.

The global crypto market cap is at $3.76 trillion, with Bitcoin trading near $108,897 and Ethereum at $3,838.

Solana is up ahead of its Breakpoint 2025 conference, where new products and expansion plans for the ecosystem are expected to be unveiled.

Read more at Yahoo Finance: Cathie Wood buys $21.3 million worth of Robinhood shares