PANews April 30 news, according to The Block report, Cathie Wood's Ark Invest purchased approximately $39.4 million in Robinhood stock on April 29, while selling approximately $6.1 million of its own spot Bitcoin ETF Ark 21Shares Bitcoin ETF. Robinhood's stock price fell by 13.2% after it announced a weak first-quarter earnings report on Tuesday, closing at $71.20. The Ark 21Shares Bitcoin ETF saw a net outflow of $30 million that day, with a total net outflow of $137.8 million for U.S. spot Bitcoin ETFs.

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