Cathie Wood-led ARK Make investments picked up 1,141,046 shares of crypto pleasant trading platform Robinhood (HOOD) all the procedure thru three funds on Nov. 8, a contain that could maybe be valued at a minute bit of not as much as $10 million utilizing Robinhood’s closing tag on Wednesday.

Robinhood has boosted its digital asset-connected companies and products over the last five years and presently provides trading for 15 diverse cryptos, including bitcoin and ether. In a third-quarter earnings commentary on Tuesday, it introduced that it modified into planning to introduce EU crypto trading in just a few weeks. But Robinhood also overlooked Wall Avenue analyst estimates on income as a result of slower trading project.

HOOD shares are down nearly 13% within the past week to $8.25.

The shares were bought by the ARK Innovation ETF (ARKK), ARK Next Technology Recordsdata superhighway ETF (ARKW) and ARK Fintech Innovation ETF (ARKF). ARK has long been bullish on the trading platform and added nearly 457,000 HOOD closing month for the length of a two-day duration the build aside the company modified into otherwise offloading crypto-affiliated property Coinbase (COIN) and the Grayscale Bitcoin Trust (GBTC).

ARK is mute selling off GBTC, with the ARK Next Technology Recordsdata superhighway ETF selling forty eight,477 GBTC that were payment $1.34 million. Last month, the company disposed of $4.3 million payment of GBTC.