{"id":17558,"date":"2025-11-01T08:17:26","date_gmt":"2025-11-01T07:17:26","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=17558"},"modified":"2025-11-01T08:17:26","modified_gmt":"2025-11-01T07:17:26","slug":"cathie-woods-ark-invest-invests-5m-in-optimistic-shares-as-exchange-debuts-in-the-us","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/11\/01\/cathie-woods-ark-invest-invests-5m-in-optimistic-shares-as-exchange-debuts-in-the-us\/","title":{"rendered":"Cathie Wood’s ARK Invest Invests $5M in Optimistic Shares as Exchange Debuts in the US"},"content":{"rendered":"

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Cathie Wood\u2019s ARK Invest has broadened its stake in Bullish, the digital asset platform that has recently gone public on the New York Stock Exchange under the ticker BLSH, securing more than $5 million in shares across various ETFs.<\/p>\n

As per daily trading disclosures from Friday, ARK Innovation ETF (ARKK) acquired 72,537 shares of Bullish, ARK Next Generation Internet ETF (ARKW) added 21,354, and ARK Fintech Innovation ETF (ARKF) obtained 11,122 shares.<\/p>\n

This latest acquisition follows ARK Invest’s purchase of $8.27 million in Bullish shares in mid-October through two of its funds. The company has been consistently amassing since the exchange\u2019s $1.1 billion NYSE launch<\/a>, when ARK acquired approximately $172 million<\/a> in shares across its funds.<\/p>\n

Bullish shares increased by 1.24% on Friday, ending at $50.57, bouncing back from earlier market fluctuations. The exchange is supported by Block.one and led by CEO Tom Farley.<\/p>\n

Bullish shares rise 1.2% on Friday. Source: Google Finance<\/em><\/figcaption><\/figure>\n

Related: <\/strong><\/em>ARK Invest-supported firm becomes the largest ETH accumulator outside the US<\/strong><\/em><\/a><\/p>\n

Bullish marks US launch<\/h2>\n

The acquisitions coincided with Bullish\u2019s US launch event in New York, where the firm assembled digital asset leaders to commemorate its growth. \u201cThe atmosphere in the room conveyed everything \u2014 the future is Bullish,\u201d the company shared<\/a> on X after the event.<\/p>\n

In early October, Bullish officially debuted in 20 US states<\/a> after obtaining both a BitLicense and a money transmission license from New York regulators. The platform commenced spot trading with BitGo and Nonco as its inaugural clients.<\/p>\n

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Bullish celebrates US launch. Source: <\/em>Bullish<\/em><\/a><\/figcaption><\/figure>\n

Since its global launch in 2021, Bullish has managed over $1.5 trillion in trades and currently ranks among the top 10 exchanges by Bitcoin (BTC<\/a>) and Ether (ETH<\/a>) transaction volume.<\/p>\n

Magazine:<\/strong><\/em> Bitcoin OG Kyle Chass\u00e9 is one strike away from a YouTube permaban<\/strong><\/em><\/a><\/p>\n