Ark Invest Buy Bitmine and Bullish Stocks to the entire flagship of ETFs

Cathie Wood’s Ark Invest continued its crypto stock shopping spree, adding more shares of Bitmine’s immersion technology and crypto exchange bullish throughout its flagship.

According to trade disclosure from Friday, the innovation ETF (Arkk) of the Ark, Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARCF) collectively purchased more than 387,000 Bitmine Sharing and 144,000 Bullish Shares.

Based on recent market prices, purchases cost nearly $ 16 million in Bitmine and $ 7.5 million in bullish stock.

Bitmine’s largest purchase came from Arkk with 257,108 shares, followed by the Arkw with 83,082 and Arkf with 47,135. For Bullish, Arkk again led to 81,811 shares, while the Arkw and Arkf added 39,597 and 22,498 shares, respectively.

Related: Cathie Wood’s Ark Invest bought another $ 15m of ETH firm Bitmine

Ark continues to buy bullish

The latest revolution of the allocations builds on moving Aug August, if the firm Scooped the 2.53 million bullish shares On the first day of its trading, the investment of nearly $ 172 million in all three ETFs.

As reported, Bullish’s stock Advance 83.8% During the IPO session and raised $ 1.1 billion, making it one of the most popular public lists in crypto.

Bullish, who owns CoinDesk and runs a global crypto exchange, Went public by a traditional IPO After the 2021 spac deal collapsed. The company runs regulated entities throughout Hong Kong, Gibraltar, Singapore, UK and other constituents.

Related: The owner of CoinDesk Bullish UPS IPO purpose at $ 1B while Wall Street supports Crypto Push

Bitmine adds $ 65m to ETH

On Thursday, Bitmine, the largest ether corporate holder (Eth) Buy another $ 65 million worth of ETH by six OTC transactions by Galaxy Digital. This latest acquisition drives Bitmine handles to more than 1.5% of Ethereum supply, all purchased cash and no action.