ARK Invest Bolsters Positions in Bullish and Robinhood Amidst Crypto Market Volatility

Cathie Wood’s ARK Invest has reinforced its bullish stance on the crypto market by significantly increasing its holdings in two prominent firms. The investment giant acquired an additional 356,346 shares of Bullish (BLSD) worth roughly $21.2 million, alongside 150,908 shares of Robinhood Markets (HOOD), valued at $16.2 million. This follows a recent surge in ARK’s investment in Bullish, where it purchased over $172 million worth of stock following the company’s debut on the New York Stock Exchange.