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ARK Invest Adds $5.3 Million to Bullish Stake as Crypto Exposure Surpasses $2.15 Billion

The move signals ARK’s tilt toward regulated crypto venues following Bullish’s NYSE listing.

Overview

  • ARK purchased about 105,000 Bullish shares for roughly $5.3 million across ARKK, ARKW and ARKF.
  • The holding now totals approximately 2.27 million Bullish shares valued near $114 million at Friday’s close.
  • Across the three funds, crypto-linked exposure now exceeds $2.15 billion as ARK reallocates from holdings such as Palantir and Shopify.
  • Bullish accounts for about 0.94% of ARKK, 0.95% of ARKW and 1.15% of ARKF after the latest buys.
  • Bullish is NYSE-listed with a New York BitLicense and money-transmission license and is operating in 20 states under CEO Tom Farley.