ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi
The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.
Robinhood
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months.
ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut
(Marques Thomas/Unsplash, modified by CoinDesk)
Robinhood to Buy Back Sam Bankman-Fried’s Stake for $605.7M
The 55 million HOOD shares owned by Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies.
Robinhood and Jump Trading No Longer Have Crypto Partnership: Source
The retail broker’s entry into crypto several years ago was powered by Jump Trading, which is a giant in traditional financial markets.
ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown
Cryptocurrencies Cardano (ADA) and Solana (SOL) fell more than the broader crypto market on Tuesday, just before trading app Robinhood was set to delist them later in the day at 6:59 p.m. ET.
Robinhood’s May Crypto Trading Volume Falls 68% to $2.1B
The trading platform recently delisted three tokens that were classified as securities in the SEC’s lawsuit against Coinbase and Binance.
Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities
The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.