Cathie Wood’s Ark Invest has made a significant investment following the highly successful debut of Bullish, a company backed by Peter Thiel. The firm purchased a combined total of 1.7 million shares from Ark Innovation ETF, 545,416 shares from Ark Next Generation Internet ETF, and 272,755 shares from Ark Fintech Innovation ETF, totaling $172 million in investment. Bullish’s stock soared over 80% on its debut on the NYSE, exceeding the IPO price of $37 and closing at $68. This success has ignited interest in the broader crypto market with other companies preparing for their own initial public offerings (IPOs). Analysts believe this trend will continue as the number of publicly traded crypto-focused companies grows.