ARK Invest Bets $12M on Bullish as Crypto Options Soar
ARK Invest has boosted its stake in Bullish by acquiring 238,000 shares worth $12M across its ARKK, ARKW and ARKF ETFs. This follows a $5M buy last week and builds on $172M invested at Bullish’s $1.1B NYSE debut. Bullish’s new crypto options platform generated $82M in volume within five days, using unified collateral across spot, futures and options markets to improve capital efficiency. Institutional partners, including FalconX Global, Wintermute and BlockTech, joined the launch, underlining growing institutional trading in crypto options. Bullish now operates in 20 US states after securing a NY BitLicense and money transmitter licenses. Since 2021, the exchange has processed over $1.5T in trades and ranks among the top ten venues for BTC and ETH.
Bullish
This news delivers a bullish signal for BTC and ETH markets by highlighting rising institutional commitment to crypto derivatives. In the short term, ARK Invest’s fresh $12M ETF purchases and the rapid $82M uptake of Bullish’s crypto options platform could trigger spikes in trading volumes and volatility, as traders adjust positions and liquidity surges. Over the long term, expanded market access—driven by unified collateral features, NY BitLicense coverage in 20 states and involvement from major institutional partners—strengthens market infrastructure and supports deeper BTC and ETH adoption. Greater institutional participation in crypto options markets typically underpins sustained price growth and lowers execution costs, reinforcing a positive outlook.