ARK Invest don buy $13M bullish shares via ETFs after US launch
ARK Invest don dey increase im stake for Bullish Exchange as dem don buy shares worth over $5 million for three of their ETFs – ARKK, ARKW and ARKF – after wey dem buy $8.27 million worth shares for mid-October. Dis one bring ARK total investment for Bullish to about $180 million since the exchange debut for NYSE wey value $1.1 billion. Bullish US launch get New York BitLicense plus money transmission license wey allow spot trading for 20 states. Since 2021, Bullish don process more than $1.5 trillion global trades and e dey among top 10 venues for Bitcoin (BTC) and Ethereum (ETH) volume. This latest ETF investment of ARK Invest show say dem get confidence for regulated trading platforms and e fit mean say bullish momentum for Bitcoin and Ethereum markets go continue.
Bullish
ARK Invest di dey keep buy ETF for Bullish Exchange mean sey institution dem get strong confidence for dis regulated trading platform. For short term, steady money wey dey enter ARKK, ARKW and ARKF fit hold price for Bitcoin and Ethereum because e show sey demand dey grow. For long term, Bullish US launch with beta licence dem and proven $1.5 trillion trade history fit make more institution and normal people join, wey go make bullish trend for crypto market strong.