Overview
- On Nov. 17, Ark Invest purchased 277,063 Bullish (BLSH) shares across ARKK, ARKW, and ARKF for roughly $10.2 million.
- The buys were split as ARKK 191,195 shares, ARKW 56,660, and ARKF 29,208, according to Ark’s daily trading report.
- Bullish stock fell 4.5% to $36.75 on Monday as major cryptocurrencies weakened, then closed at $37.76 on Tuesday.
- Ark disclosed further buying on Tuesday with ARKF adding 28,186 Bullish shares, while also increasing stakes in Coinbase and Circle and trimming Pinterest.
- Bullish reports Q3 on Nov. 19; the exchange recently launched U.S. spot trading after securing a New York license and previously posted Q2 adjusted revenue of $57 million and net income of $108.3 million.