ARK buys $13M in Robinhood as US Treasury taps platform for Trump Accounts

ARK buys $13M in Robinhood as US Treasury taps platform for Trump Accounts

3.65%TRX$0.3163 0.37%LINK$9.21 3.81%ADA$0.2592 5.59%BCH$447.13 3.06%XRP$1.38 4.41%ETH$2,250 5.41%BTC$71,696 3.55%XMR$339.29 2.20%BNB$612.03 1.13%XLM$0.1627 3.52%SOL$84.67 5.07%HYPE$39.48 6.48%USD Written by Amin Haqshanas,Staff WriterReviewed by Bryan O'Shea,Staff EditorARK buys $13M in Robinhood as US Treasury taps platform for Trump Accounts36 minutes agoCathie Wood's ARK Invest increased its Robinhood stake after the platform was selected to operate government-backed “Trump Accounts” for youth savings and investment. Cathie Wood’s ARK Invest has increased its exposure to Robinhood Markets, purchasing roughly $13 million worth of shares after the trading platform secured a role in a new government-backed savings initiative. ARK’s Tuesday trade disclosures show a fresh accumulation of Robinhood shares across multiple funds. ARK Innovation ETF (ARKK) led the charge, purchasing 132,116 HO

Source: https://cointelegraph.com/news/ark-13m-robinhood-trump-accounts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound