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Ark Invest buys $12.5 million of Bullish stock in four days
Ark frequently uses broader digital asset downturns, which tend to pull crypto equities lower, as an entry point into cryptocurrency companies.
May 22, 2026, 10:45 a.m. 1 min read
What to know:
- Ark Invest bought $5 million worth of Bullish (BLSH) stock on Thursday, the fourth day in a row it has added BLSH shares.
- Cathie Wood’s investment manager has purchased $12.5 million worth of shares in the crypto group.
- BLSH shares closed 0.2% lower at $35.96 on Thursday.
BLSH shares closed 0.2% lower at $35.96 on Thursday, having fallen more than 17% in the last two weeks, a period in which bitcoin struggled to break above the $80,000 resistance.
Ark frequently uses broader digital asset downturns, which tend to pull crypto equities lower, as an entry point into cryptocurrency companies.
