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The ARK Innovation ETF purchased 28589 shares of Robinhood stock on September 4th, valued at approximately $3.5 million based on the closing price of $122.11. Robinhood's stock price has risen by over 30% in the past month, while Bitcoin has risen by about 23% and approached $80000 during the same period. Deutsche Bank raised its Robinhood target price from $115 to $136 on September 4th. Robinhood Chain's daily revenue was below $200000 in mid August, but rose to $3.38 million and $4.01 million on September 1st and 2nd, respectively. Deutsche Bank expects its annualized revenue operating rate to exceed $100 million. As of September 4th, Robinhood holds a weight of 4.28% in the ARK Innovation ETF.