TLDR
- Cathie Wood’s ARK Invest purchased over $5 million in Bullish shares on Friday across three ETFs.
- ARK Innovation ETF bought 72,537 shares while ARK Next Generation Internet ETF added 21,354 shares.
- The investment follows an $8.27 million purchase by ARK in mid-October through two of its funds.
- Cathie Wood’s funds initially invested approximately $172 million during Bullish’s NYSE debut in September.
- Bullish shares closed at $50.57 on Friday with a 1.24% gain after recovering from market volatility.
Cathie Wood’s ARK Invest purchased over $5 million in Bullish shares on Friday. The digital asset exchange recently went public on the New York Stock Exchange. This move expands ARK’s position in the cryptocurrency trading platform.
The investment firm made purchases across three exchange-traded funds. ARK Innovation ETF bought 72,537 Bullish shares in the latest transaction. ARK Next Generation Internet ETF added 21,354 shares to its holdings.
ARK Fintech Innovation ETF purchased 11,122 shares of the exchange. The ticker symbol for Bullish is BLSH on NYSE. These acquisitions demonstrate Cathie Wood’s continued confidence in the platform.
Cathie Wood Continues Building Position in Digital Exchange
The recent purchase follows an $8.27 million investment by Cathie Wood in mid-October. ARK made that investment through two of its funds. The firm has been accumulating shares since Bullish’s $1.1 billion debut.
Cathie Wood’s funds initially bought approximately $172 million worth of shares. This occurred when the exchange first listed on the stock market. The investment strategy shows persistent interest in the digital asset sector.
Bullish shares closed at $50.57 on Friday with a 1.24% gain. The stock recovered from earlier market volatility during the session. Block.one backs the exchange, and Tom Farley serves as CEO.
Exchange Celebrates US Market Entry with New York Event
Bullish held a US launch event in New York City. The company gathered digital asset leaders to mark its expansion. The firm posted on X that “the energy in the room said it all.”
What a night! Thank you to everyone who came out to celebrate the Bullish U.S. launch with us.
It was incredible to bring together so many leaders shaping the future of digital assets.
The energy in the room said it all – the future is Bullish! pic.twitter.com/XhIZRHRVhE
— Bullish (@Bullish) October 30, 2025
The exchange stated “the future is Bullish” following the celebration. Cathie Wood’s latest share purchase coincided with this event. The timing reflects growing momentum for the platform’s US operations.
Bullish secured a BitLicense from New York regulators in early October. The exchange also obtained a money transmission license from state authorities. These approvals enabled operations in 20 US states.
Platform Reports Strong Trading Volume Since Global Launch
The platform began spot trading with BitGo as its first client. Nonco also joined as an initial trading partner. Bullish launched globally in 2021 before entering the US market.
The exchange has processed over $1.5 trillion in trades since inception. It now ranks among the top 10 exchanges by Bitcoin volume. Bullish also holds a top 10 position for Ether trading volume.
Bitcoin currently trades at $110,213 on the platform. Ether is priced at $3,872 on the exchange. These figures reflect the platform’s integration with major cryptocurrency markets.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
