Cathie Wood’s Ark Invest increased its exposure to Crypto Exchange Operator Bullish (Blsh)with Ark Innovation ETF (Sheet) Now holds 1,165,397 shares worth about $ 73.85 million, According to the latest disclosure of the company’s hold.
The update came after Ark added 356,346 Bullish shares to Arkk on August 19, a purchase worth about $ 21.2 million at the end of the trade in New York, when the stock lived at $ 59.51 nearby. The purchase builds on earlier Ark allocation of more than 2.5 million shares to spread to three ETFs On the day of Bullish’s debut.
Bullish owns CoinDesk.
Ark also expanded its purchase in Robinhood (Hood)Purchase of 150,908 shares worth about $ 16.2 million to near $ 107.50.
Robinhood has become one of the most consistent crypto-equivalent of Ark, with the purchase of Tuesday marking a third straight trading day added to its position, following $ 14 million in purchase on Monday and $ 9 million on Friday.
Read more: $ 1.15b of bullish on IPO is completely in stablecoins – a first for public market
