ARK Invests $172 Million in Bullish After Explosive IPO Debut

Ark Invest, led by Cathie Wood, has taken a significant step towards supporting the growth of crypto infrastructure companies. Following its explosive debut on the New York Stock Exchange, Ark Invest purchased 2.53 million shares across various ETFs dedicated to Bullish. This move comes amid a renewed wave of interest from institutional investors and follows the success of other high-profile crypto IPOs like Circle and Figma. ARK’s investment reflects a belief in the long-term potential of Bullish as it offers an institutional-grade platform for digital assets.