Cathie Wood’s ARK Invest has made a significant investment in Bullish, a rising cryptocurrency exchange, adding approximately $12 million worth of shares across its flagship funds. This move reflects the growing confidence of institutional players in Bullish’s platform as it navigates the burgeoning crypto financial services market. Following ARK’s recent large-scale investment during Bullish’s debut on the NYSE, this latest purchase highlights the firm’s bullish outlook on the exchange’s potential for transformative financial solutions. 238,000 shares were purchased across various ETFs, reflecting a substantial stake in Bullish’s success. ARK Invest has already increased its investment further with an additional $5 million investment last week. This follows their significant investment in the platform during its NYSE debut which saw them acquire nearly $172 million worth of shares. This surge is part of broader institutional momentum as the exchange’s crypto options platform, launched after a successful five-day trading period with over $82 million in volume, has attracted notable interest. Bullish’s expansion into US markets is also noteworthy, securing licenses in 20 states following its BitLicense and money transmission license from the New York State Department of Financial Services. Supported by prominent partners like FalconX Global, Wintermute, and BlockTech, Bullish aims to address key challenges within the crypto trading landscape. The company’s recent momentum is reflected in its shares closing at $50.26 on Monday before slightly dipping after-hours.