Cathie Wood’s ARK Invest now holds nearly $130 million worth of Bullish shares across its ETFs after its latest multimillion-dollar acquisition on Tuesday.
The Cathie Wood-led ARK Invest has bought more than 160,000 shares in the crypto exchange Bullish in the asset manager’s latest scoop of crypto-related stocks.
In a filing on Tuesday, the company revealed it bought around $8.21 million worth of Bullish shares across two of its funds, the ARK Innovation ETF (ARKK) and the ARK Next Generation Internet ETF (ARKW), with the funds buying up 120,609 shares and 40,574 shares, respectively.
The firm now holds over $129 million worth of Bullish stock across ARKK, ARKW, and its ARK Fintech Innovation ETF (ARKF).
