Cathie Wood bought Robinhood shares again after nine days, adding 28,589 shares through the ARK Innovation ETF on September 4, worth about $3.5 million. According to Odaily, she had sold 25,009 shares on August 26.

Robinhood has risen more than 30% over the past month, while Bitcoin has gained about 23% and approached $80,000. Deutsche Bank raised its price target on Robinhood from $115 to $136 on September 4 and kept a Buy rating, citing rapid growth in Robinhood Chain fee revenue. The bank said daily revenue climbed from less than $200,000 in mid-August to more than $3 million in early September, and it expects the annualized run rate to exceed $100 million.

As of September 4, HOOD was the seventh-largest holding in the ARK Innovation ETF, with a 4.28% weighting. Wood also bought Veracyte, Intellia Therapeutics and the 3iQ Solana Staking ETF, while trimming Tempus AI and Twist Bioscience.