Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Ark Invest explains the reason for bottom-fishing HOOD: trading revenue fluctuation is normal, the real highlight lies in the Gold subscription service.

Ark Invest explains the reason for bottom-fishing HOOD: trading revenue fluctuation is normal, the real highlight lies in the Gold subscription service.

Odaily星球日报Odaily星球日报2026/05/07 08:18
Show original

According to Odaily, Cathie Wood's fund Ark Invest has recently made significant purchases in a certain exchange. Nick Grous, Research Director at Ark Invest, posted on X today stating that trading revenue is inherently cyclical and highly influenced by market conditions. Focusing only on this data could cause one to miss the real major changes.

The most important story for this exchange at present is its subscription service Robinhood Gold, which is a mechanism that continually draws users deeper into the exchange's ecosystem. As of the first quarter of this year, the penetration rate of Gold among funded users had reached 15.8%, and 40% of new users directly opted to subscribe to Gold upon registration. In the long term, as more Gold-exclusive services become available, a more stable, sustainable, and market sentiment-resistant revenue base will be formed. This is at the core of the exchange's evolution from a single brokerage platform to a "financial super app," and this flywheel is still in its very early stages.

Previously, it was reported that the exchange's first-quarter financial report released last month fell short of market expectations, leading to a single-day stock price drop of 13%. However, Ark Invest took advantage of this decline to make large purchases, spending approximately $39.7 million to acquire over 550,000 shares of HOOD, which were then added to three flagship funds: ARKK, ARKW, and ARKF. Currently, this stock has become one of the top six holdings in these three funds, accounting for about 3% of each.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Global economy risks fragmentation! Australia bets on AI as a new growth engine

In a potentially more fragmented and unpredictable global economy over the next 40 years, Australia relies on the deployment and development of artificial intelligence (AI) to drive economic growth.

智通财经2026/09/21 04:01

Europe’s aviation fuel “red alert” in the fourth quarter: Shortfall will reach 510,000 barrels/day, South Korea’s exports surge to a four-year high to urgently fill the gap

According to analysts and shipping data, Europe will face a supply gap for aviation fuel in the fourth quarter, even as it turns to distant suppliers such as South Korea. South Korea's aviation fuel exports to Europe in September are set to reach a four-year high.

智通财经2026/09/21 03:56

Apple (AAPL.US) nears a 5 trillion USD market capitalization, targeting Nvidia: the 1,999 USD foldable screen Duo becomes a critical battle.

Apple (AAPL.US) has unveiled its new iPhone, which could be the ticket for this consumer tech giant to reclaim its position as the most valuable company by market capitalization. The company is not far from reaching this goal.

智通财经2026/09/21 03:26

Facebook and Instagram under Meta (META.US) experienced outages affecting thousands of users in the US last Sunday.

Thousands of users in the United States were unable to access Meta’s social platforms Facebook and Instagram last Sunday.

智通财经2026/09/21 03:21