Cathie Wood resumed buying Robinhood on September 4, purchasing 28,589 shares worth about $3.5 million through the ARK Innovation ETF, nine days after selling 25,009 shares on August 26. The purchase was part of broader Ark portfolio changes that included more than 705,000 Rocket Lab shares valued at approximately $45 million, 456,000 Block shares worth roughly $37 million, and additions in biotechnology, cryptocurrency and other companies, while Ark reduced several technology and healthcare positions. Robinhood shares gained more than 30% over the past month as Bitcoin rose about 23% toward $80,000. Deutsche Bank raised its Robinhood price target to $136 from $115 on September 4 and maintained a buy rating, citing Robinhood Chain fee revenue that rose from below $200,000 per day in mid-August to $4.01 million on September 2. The bank projected an annualized revenue run rate above $100 million, though visibility into the growth's sustainability remained limited. As of September 4, Robinhood was the ARK Innovation ETF's seventh-largest holding at 4.28% of assets; the fund had returned 12.09% year to date, versus 12.75% for the S&P 500, while its five-year annualized return was -7.02% and it recorded about $1.71 billion in net outflows over the prior 12 months.