Cathie Wood’s Ark Invest buys more Bullish as stock jumps over 16%
The Block
Ark Invest purchased over 57,000 Bullish shares on Monday as the stock surged more than 16%.Summary
Cathie Wood's Ark Invest acquired an additional 57,164 shares of Bullish on Monday, valued at approximately $1.83 million across three ETFs, coinciding with a broader rally in equity markets. This followed a significant purchase of 393,057 Bullish shares on Friday, valued at about $10.8 million, on the same day Ark sold $22.2 million worth of Coinbase shares. Bullish stock closed up 16.76% at $32.05 on Monday, while major indices like the Dow Jones and S&P 500 also saw gains, contrasting slightly with Bitcoin, which was down 1.36% at $69,786.
(Source：The Block)