Cathie Wood Doubles Down on Bullish, Snapping Up Another $12M in Shares — What Does Ark Know?
Cathie Wood’s Ark Invest is growing its guess on Bullish Holdings, the crypto alternate backed by billionaire Peter Thiel, with a brand new $11.98 million share buy this week.
The newest purchase marks Ark’s continued accumulation of Bullish inventory (BLSH) following its public debut in August.
According to Ark’s Monday buying and selling disclosure, the funding agency acquired a complete of 238,346 Bullish shares throughout three of its actively managed exchange-traded funds.
The flagship ARK Innovation ETF (ARKK) picked up 164,214 shares, the ARK Next Generation Internet ETF (ARKW) purchased 49,056 shares, and the ARK Fintech Innovation ETF (ARKF) added 25,076 shares.
Together, the purchases deliver Ark’s complete funding in Bullish to greater than $209 million for the reason that alternate went public.
Ark Invest Keeps Faith in Bullish, Boosting Exposure After Exchange’s U.S. Expansion
Bullish shares now make up 0.97% of ARKK, 0.98% of ARKW, and 1.18% of ARKF. The addition comes regardless of current volatility; Bullish inventory (BLSH) traded almost flat on Monday, closing 0.61% decrease at $50.26.
The inventory has declined 22.45% in the previous month and stays down roughly 47% from its August debut.
Ark initially invested $172 million in Bullish shares through the firm’s New York Stock Exchange itemizing at $37 per share.
The August providing, one of many largest crypto IPOs of 2025, valued Bullish at around $5.4 billion and raised $1.1 billion by the sale of 30 million shares.
Ark and BlackRock each expressed early curiosity in the deal, displaying institutional confidence in Bullish’s alternate mannequin and regulatory footing.
Founded in 2021 and headquartered in the Cayman Islands, Bullish combines centralized infrastructure with blockchain-based transparency. The alternate targets institutional {and professional} merchants and has processed greater than $1.5 trillion in cumulative buying and selling quantity since launch.
@Bullish has formally entered the US market, launching operations in 20 states after securing a BitLicense license from New York regulators. #Bullish #Cryptohttps://t.co/TptCTqbVYp
— Cryptonews.com (@cryptonews) October 2, 2025
In September, Bullish secured both the BitLicense and Money Transmission License from the New York State Department of Financial Services, a key milestone that allowed it to launch spot buying and selling throughout 20 U.S. states, together with New York, California, and Florida.
Will Ark’s Bullish Bet Pay Off or Repeat the Pain of 2022?
Bullish’s robust regulatory momentum has coincided with enhancing financials. The alternate reported a net profit of $108.3 million in the second quarter of 2025, reversing a $116.4 million loss a yr earlier.
— Cryptonews.com (@cryptonews) September 18, 2025
Adjusted income for the interval got here in at $57 million, down from $67 million in the prior yr, whereas buying and selling quantity reached $179.6 billion. The firm is scheduled to launch its third-quarter earnings on November 19.
Ark’s newest buy aligns with its long-standing technique of investing in what it calls “disruptive innovation.” The agency manages greater than $16 billion in belongings and focuses on high-growth sectors, together with synthetic intelligence, robotics, genomics, and blockchain know-how.
The ARK Innovation ETF, Ark’s flagship fund with $8.4 billion in belongings, is closely weighted towards know-how and crypto-linked corporations.
Its high holdings embody Tesla (12.32%), Coinbase (5.86%), Roku (5.73%), and Robinhood (4.8%).
Bullish’s rising presence in the portfolio indicators Ark’s confidence in the alternate’s position inside the evolving digital asset ecosystem.
Ark’s crypto-related publicity throughout its important ETFs, ARKK, ARKW, and ARKF, now exceeds $2.15 billion, masking equities like Coinbase, Robinhood, and Circle Internet Group, in addition to direct holdings by way of the ARK 21Shares Bitcoin ETF (ARKB).
As of Oct. 31, the flagship Ark Innovation ETF (ARKK) is up 54.5% yr up to now, far outpacing the S&P 500’s achieve of 16.3%.
Wood’s outstanding 153% return in 2020 helped construct her repute and entice loyal followers.
Her technique can result in sharp positive factors throughout bull markets but additionally painful losses, as seen in 2022, when ARKK dropped by greater than 60%.
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