Cathie Wood invests $12 million in Bullish crypto exchange stock.
TechFlame
2025-11-04 12:16
TechFlame2025-11-04 12:16
English
TechFlame reports that according to Ark Invest's trading disclosures, Cathie Wood, founder of the firm, purchased shares of crypto trading platform operator Bullish Holdings (NYSE: BLSH) through three ETFs, with a total value exceeding $12 million. The acquisitions include: 164,214 shares bought by the flagship fund ARK Innovation ETF (ARKK), 49,056 shares by the Next Generation Internet ETF (ARKW), and 25,076 shares by the Fintech Innovation ETF (ARKF). Bullish, backed by PayPal co-founder Peter Thiel, is a hybrid crypto trading platform targeting institutional investors and is the parent company of CoinDesk. The stock closed at $50.26, with an after-hours price of $49.15, and a market capitalization of approximately $7.35 billion, hovering near its yearly lows. Bullish is expected to release its Q3 2025 earnings report on November 19.