Cathie Wood’s ARK Invest Expands Stake in Bullish Following NYSE Debut

Cathie Wood’s ARK Invest has expanded its investment in Bullish, the digital asset exchange that recently made its public debut on the New York Stock Exchange under the ticker ￰0￱ to trade disclosures filed Friday, ARK Innovation ETF (ARKK) purchased 72,537 Bullish shares, ARK Next Generation Internet ETF (ARKW) acquired 21,354 shares, and ARK Fintech Innovation ETF (ARKF) bought an additional 11,122 ￰1￱ combined purchases amount to over $5 million in new exposure to Bullish, further strengthening ARK’s position in the ￰2￱ move follows an earlier $8.27 million investment made in mid-October across ARK’s ￰3￱ Bullish’s $1.1 billion listing, ARK has accumulated roughly $172 million worth of shares across multiple ETFs, underscoring its growing confidence in the platform’s long-term ￰4￱ Shares Rebound After Market Volatility Bullish stock closed at $50.57 on Friday, marking a 1.24% increase and a recovery from recent market ￰5￱ exchange, founded by ￰6￱ and led by CEO Tom Farley, has quickly become one of the most watched digital asset platforms following its NYSE debut.

Farley, the former president of the New York Stock Exchange, has been steering Bullish’s expansion strategy to position it as a leader in regulated crypto ￰7￱ the ￰8￱ The timing of ARK’s latest purchase coincides with Bullish’s ￰9￱ celebration in New York, where the firm hosted an event featuring leading figures in the digital asset industry. “The energy in the room said it all — the future is Bullish,” the company posted on X following the ￰10￱ in October, Bullish officially began operations in 20 ￰11￱ after securing both a BitLicense and a money transmission license from New York ￰12￱ first ￰13￱ include BitGo and Nonco, which began spot trading on the platform as part of Bullish’s initial market ￰14￱ Growth and Trading Volume Since its international launch in 2021, Bullish has processed more than $1.5 trillion in trading volume and now ranks among the top 10 exchanges globally for Bitcoin and Ether ￰15￱ exchange’s rapid growth and its regulatory approval in the ￰16￱ that it could become a major player in bridging traditional finance with the digital asset ecosystem.