Cathie Wood’s ARK bags $5M in Bullish shares as the exchange celebrates US launch
Cointelegraph
ARK Invest purchased over $5 million in Bullish shares following the exchange's US launch and NYSE debut.Summary
Cathie Wood’s ARK Invest expanded its holdings in the digital asset exchange Bullish, acquiring over $5 million worth of shares across its ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). This accumulation follows Bullish's recent $1.1 billion debut on the NYSE and coincides with the exchange celebrating its official US launch across 20 states after securing necessary regulatory approvals, including New York's BitLicense. Bullish, which is backed by Block.one and led by CEO Tom Farley, has processed over $1.5 trillion in trades since its 2021 global launch and ranks among the top 10 exchanges by BTC and ETH volume.
(Source：Cointelegraph)