ARK Invest Buys $13M Bullish Shares via ETFs After US Launch
ARK Invest has continued to increase its stake in Bullish Exchange, acquiring over $5 million of shares across three of its ETFs – ARKK, ARKW and ARKF – following a mid-October purchase of $8.27 million. This brings ARK’s total investment in Bullish to approximately $180 million since the exchange’s $1.1 billion NYSE debut. The Bullish US launch secured New York’s BitLicense and a money transmission license, enabling spot trading in 20 states. Bullish has processed more than $1.5 trillion in global trades since 2021 and ranks among the top 10 venues for Bitcoin (BTC) and Ethereum (ETH) volume. This latest ETF investment by ARK Invest underscores confidence in regulated trading platforms and may signal sustained bullish momentum in Bitcoin and Ethereum markets.
Bullish
ARK Invest’s continued ETF purchases in Bullish Exchange signal strong institutional confidence in a regulated trading platform. In the short term, steady inflows into ARKK, ARKW and ARKF could provide price support for Bitcoin and Ethereum by highlighting growing demand. Over the longer term, Bullish’s US launch with key licenses and a proven $1.5 trillion trade history may attract more institutional and retail participation, reinforcing a sustained bullish trend in crypto markets.