Cathie Wood’s ARK Invest adds $12M in Bullish shares as options trading surges

Bullish’s new crypto options platform attracted $82 million in trading volume in five days, with participation from institutional traders.

Cathie Wood’s ARK Invest increased its position in Bullish crypto exchange on Monday, purchasing about 238,000 shares worth around $12 million across its flagship funds.

According to ARK’s daily trade disclosures, the ARK Innovation ETF (ARKK) bought 164,214 shares, the ARK Next Generation Internet ETF (ARKW) added 49,056 shares, and the ARK Fintech Innovation ETF (ARKF) acquired 25,076 shares.

The move follows ARK’s purchases last week. On Friday, the investment firm acquired over $5 million worth of Bullish shares across multiple ETFs.

Read more