ARK Invest buys additional Bullish shares…worth 12 million dollars
Summary
- ARK Invest reportedly made additional purchases of Bullish shares totaling approximately 12 million dollars.
- This investment was made after the recent launch of an options trading platform, and is a cumulative purchase following last week's 5 million dollars buy.
- As of the 3rd, Bullish's share price reportedly closed slightly lower at 50.26 dollars.
ARK Invest, led by Cathie Wood, bought additional shares of Bullish, a crypto asset (cryptocurrency) exchange.
On the 3rd (local time), according to Cointelegraph, ARK Invest added to its Bullish holdings after Bullish launched its options trading platform. The amount was approximately 12 million dollars.
According to ARK Invest's daily trading disclosure, its flagship fund 'ARK Innovation ETF (ARKK)' bought 164,214 shares, 'ARK Next Generation Internet ETF (ARKW)' bought 49,056 shares, and 'ARK Fintech Innovation ETF (ARKF)' bought 25,076 shares.
This is an additional investment following last week's approximately 5 million dollars purchase of Bullish shares, and represents continued cumulative buying after the initial holdings acquired at Bullish's New York Stock Exchange listing of approximately 172 million dollars.
As of the 3rd, Bullish's share price closed at 50.26 dollars, down 0.71% from the previous day, and in over-the-counter trading it fell slightly to 50.02 dollars.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
