ARK Invest Doubles Down on Bullish, Acquires $5 Million in Shares After Exchange’s NYSE Debut

Cathie Wood’s ARK Invest has significantly increased its stake in digital asset exchange Bullish, purchasing over $5 million worth of shares across multiple ETFs. This move follows the company’s public debut on the New York Stock Exchange under the ticker BLSH earlier this month. ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF) all contributed to the purchase, according to trade disclosures. This acquisition builds upon a previous investment of $8.27 million in Bullish shares made by ARK Invest in mid-October. ARK’s total commitment to Bullish has now reached over $172 million across its various funds.