Cathie Wood’s ARK Invest Buys $12M in Bullish Shares as Exchange Sees Record Options Volume

Cathie Wood’s ARK Invest has expanded its holdings in Bullish, the rapidly growing crypto exchange, by purchasing approximately 238,000 shares worth around $12 million on Monday. The investment was spread across three of ARK’s flagship funds, according to the firm’s latest trade disclosures.

ARK Boosts Stake Across Three Major ETFs

The ARK Innovation ETF (ARKK) added 164,214 shares, the ARK Next Generation Internet ETF (ARKW) bought 49,056 shares, and the ARK Fintech Innovation ETF (ARKF) picked up 25,076 shares.

This latest round of buying follows ARK’s purchase of more than $5 million worth of Bullish shares on Friday, continuing a steady accumulation that began with the exchange’s $1.1 billion New York Stock Exchange debut. At that time,

ARK had already acquired roughly $172 million worth of Bullish shares across its various funds, signaling strong conviction in the platform’s long-term growth potential.

ARK’s renewed interest comes as Bullish reports impressive performance metrics following the launch of its crypto options platform. Within just five days, the exchange recorded over $82 million in trading volume, setting a new benchmark for its derivatives business.

Bullish Hits Milestones with Options Launch

The new platform allows traders to use their entire portfolio as collateral across spot, futures, and options markets — a feature designed to maximize capital efficiency for both institutional and retail participants. Major institutional partners, including FalconX Global, Wintermute, and BlockTech, joined the platform at launch.

“We’ve built a product that aims to resolve the pain points that exist today in trading crypto options,” Bullish said in a post on X on Monday.

Despite the positive momentum, Bullish shares closed slightly lower at $50.26, down 0.71% for the day, before dipping further to $50.02 in after-hours trading.

The recent regulatory progress has also fueled the exchange’s growth momentum. Last month, Bullish officially launched operations in 20 U.S. states after receiving both its BitLicense and money transmission license from the New York State Department of Financial Services (NYDFS) — a key regulatory milestone that few crypto firms have achieved.

Founded in 2021, Bullish has quickly become a major player in the digital asset market. The exchange has already processed over $1.5 trillion in global trading volume and now ranks among the top 10 exchanges worldwide by Bitcoin and Ether activity, solidifying its position as a leading institutional crypto platform.

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