Cathie Wood’s Ark Invest Buys $21.2M of Bullish Shares and $16.2M Robinhood Shares

Ark Make investments from Cathie Wooden has raised his publicity to crypto alternate operator Bullish (BLSH)With the Ark Innovation ETF (Arkk) Now 165,397 shares with a price of roughly $ 73.85 million, have, According to the latest disclosure of the company.

The replace comes after Ark added 356,346 Bullish shares to Arkk on 19 August, a purchase order price round $ 21.2 million on the finish of New York commerce, when the share established $ 59.51. The acquisition builds on the sooner allocation of Ark of greater than 2.5 million shares unfold over three ETFs on the day of Bullish’s debut.

Bullish is the proprietor of Coindesk.

Ark additionally expanded his buy spree in Robinhood (Hood)The acquisition of 150,908 shares price round $ 16.2 million on the finish of Tuesday of $ 107.50.

Robinhood is one in all Ark’s most constant crypto-adjacent firms, with the acquisition of Tuesday the third consecutive buying and selling day that the corporate added to its place, after $ 14 million to Buys on Monday and $ 9 million on Friday.

Learn extra: Bullish’s $ 1.15 billion in IPO proceeds was totally in Stablecoins – a primary for the general public market