According to @ai_9684xtpa, U.S.-listed Bitcoin (BTC) mining companies experienced one of their most profitable quarters on record in Q1 2025, as reported by JPMorgan. The miners collectively generated approximately $2.0 billion in gross profit with 53% margins, an increase from the previous quarter's $1.7 billion and 50% margins. The report highlights that IREN (IREN) achieved the highest gross profit and the lowest all-in cash cost per coin at about $36,400, while Marathon Digital (MARA) had the highest cost at around $72,600. JPMorgan maintains an overweight rating on CleanSpark (CLSK), IREN, and Riot Platforms (RIOT). In parallel, Cathie Wood's Ark Invest is continuing its strategy of taking profits and reallocating capital. The firm sold 415,855 Circle shares, valued at $109.6 million, following the stablecoin operator's significant post-IPO price surge. Simultaneously, Ark Invest demonstrated confidence in crypto-related platforms by purchasing 4,198 shares of Coinbase (COIN) for $1.3 million and 319,640 shares of Robinhood (HOOD) for $24.4 million, signaling a bullish outlook on crypto brokerage and exchange services.

According to @TO, digital brokerage Robinhood (HOOD) is significantly expanding its crypto offerings with several key initiatives. The firm announced it is developing its own Layer-2 blockchain using Arbitrum (ARB) technology, specifically designed for tokenized assets to enable 24/7 trading and self-custody. For European users, Robinhood has launched tokenized stock trading on Arbitrum, offering access to over 200 U.S. equities and ETFs. Additionally, the company is introducing perpetual futures for its European customers through its recent acquisition of the Bitstamp exchange. In the U.S., Robinhood has rolled out a crypto staking service, initially supporting Ethereum (ETH) and Solana (SOL). Robinhood CEO Vlad Tenev stated these moves are intended to lay the groundwork for "crypto to become the backbone of the global financial system." This strategic push into the asset tokenization market, which a Ripple and BCG report projected could reach $18.9 trillion by 2033, positions Robinhood to directly compete with major crypto exchanges.

According to @KookCapitalLLC, Robinhood (HOOD) is significantly expanding its cryptocurrency services, presenting new opportunities for traders. The company has launched micro futures contracts in the U.S. for Bitcoin (BTC), Solana (SOL), and XRP, allowing traders to take directional positions with less capital, as stated in the announcement. For European clients, Robinhood has debuted tokenized stock trading on the Arbitrum (ARB) layer-2 network, offering around-the-clock weekday access to over 200 U.S. equities and ETFs. The firm is also developing its own Arbitrum-based L2 blockchain to support tokenized assets and has introduced perpetual futures in Europe routed through its newly acquired Bitstamp exchange. Additionally, U.S. investors can now stake Ethereum (ETH) and Solana (SOL) directly within the app. Robinhood's data highlighted a surge in crypto notional volumes to $11.7 billion in May, a 36% monthly increase, underscoring growing trader activity on the platform.

According to @OnchainDataNerd, Cathie Wood's Ark Invest is actively rebalancing its ETF portfolios by taking profits on significant crypto-related stock holdings. The firm sold 415,855 shares of Circle, the operator of the USDC stablecoin, for approximately $109.6 million, continuing its profit-taking after the stock's 7.5x surge post-IPO. Additionally, Ark offloaded nearly $95 million worth of Coinbase (COIN) shares over the last three trading days as the stock hit a record high above $380, a move dictated by its internal rule to keep any single holding below 10% of an ETF's total value. Concurrently, Ark Invest diversified its holdings by purchasing 319,640 shares of Robinhood (HOOD) for $24.4 million and making a smaller tactical purchase of 4,198 Coinbase (COIN) shares for $1.3 million, signaling strategic reallocation rather than a complete bearish turn on the crypto exchange.

According to @stocktalkweekly, digital brokerage Robinhood (HOOD) is significantly expanding its cryptocurrency services, introducing key products for traders. In the U.S., the firm has launched micro futures contracts for Bitcoin (BTC), Solana (SOL), and XRP, allowing traders to take positions with less capital, complementing its existing BTC and ETH futures. For European users, Robinhood has rolled out tokenized stock trading on the Arbitrum (ARB) network and perpetual futures routed through its newly acquired Bitstamp exchange. The company also confirmed it is building its own Arbitrum-based Layer-2 blockchain to support tokenized assets. This expansion is supported by strong performance, with Robinhood's crypto notional volumes reaching $11.7 billion in May, a 65% year-over-year increase. Additionally, U.S. investors can now stake Ethereum (ETH) and Solana (SOL) directly within the app.

According to @lookonchain, Ark Invest's latest trading activity shows a strategic shift, with the firm selling 415,855 Circle shares for $109.6 million while acquiring 4,198 Coinbase (COIN) shares worth $1.3 million and 319,640 Robinhood (HOOD) shares valued at $24.4 million. Concurrently, Ethereum (ETH) is exhibiting strong bullish momentum, outperforming Bitcoin (BTC) and trading near $2,500. This price action is supported by fundamental developments, particularly the integration of Distributed Validator Technology (DVT) by major staking protocols like Lido and institutional infrastructure providers like Blockdaemon. Anthony Bertolino of Obol Labs notes that DVT makes Ethereum staking "enterprise-grade," a key requirement for institutional capital, fueling analyst predictions of a potential move toward $3,000 for ETH. In contrast, 10x Research suggests Coinbase (COIN) is nearing overvaluation after an 84% surge and recommends a short COIN, long BTC pairs trade.

According to @lookonchain, Cathie Wood's ARK Invest is continuing to take profits on its Circle (CRCL) position, selling another $51.8 million worth of the USDC stablecoin issuer's stock as it continues to rally. The source states that ARK sold a total of 342,658 CRCL shares across its ETFs. This move follows Circle's stock price climbing nearly fivefold from its $31 IPO price since listing in early June. Concurrently, ARK Invest is reallocating capital into other crypto-linked equities, purchasing 4,198 shares of Coinbase (COIN) for approximately $1.3 million and 319,640 shares of Robinhood (HOOD) for $24.4 million, signaling a strategic portfolio adjustment within the digital asset space.

According to @lookonchain, Cathie Wood's ARK Invest is actively taking profits on its Circle (CRCL) position following the stock's massive rally since its IPO. The investment firm sold over $161 million in CRCL shares across two recent periods, including a $51.8 million sale of 342,658 shares and another sale of 415,855 shares valued at $109.6 million. The source notes that Circle's stock has surged nearly 7.5 times from its IPO price of $31. Concurrently, ARK Invest is reallocating capital into other crypto-exposed companies, purchasing 4,198 shares of Coinbase (COIN) for $1.3 million and 319,640 shares of Robinhood (HOOD) for $24.4 million, signaling a strategic rotation within the digital asset equity space.

According to @lookonchain, Cathie Wood's ARK Invest is continuing to take profits on its Circle (CRCL) position, selling approximately $51.8 million worth of the stock on Monday. The source states that ARK offloaded a total of 342,658 CRCL shares across three of its ETFs as the stablecoin issuer's stock continued its rally, closing at $151.06 after gaining nearly fivefold since its IPO. Concurrently, ARK Invest reallocated capital into other crypto-exposed companies, purchasing 4,198 shares of Coinbase (COIN) for $1.3 million and 319,640 shares of Robinhood (HOOD) for $24.4 million, as reported by the source. This strategic portfolio rebalancing suggests ARK is capitalizing on Circle's significant gains while increasing its stake in other key players within the digital asset ecosystem.