Catenaa, Sunday, November 23, 2025-Ark Invest purchased $10.2 million worth of Bullish shares on Monday, expanding the firm’s crypto-related holdings across three exchange-traded funds.
The ARK Innovation ETF (ARKK) acquired 191,195 shares, the ARK Next Generation Internet ETF (ARKW) added 56,660 shares, and the ARK Fintech Innovation ETF (ARKF) bought 29,208 shares.
Bullish, a crypto exchange backed by investor Peter Thiel, closed down 4.5% at $36.75 on Monday on the New York Stock Exchange. The platform is set to release its third-quarter earnings on Nov. 19.
In the second quarter, Bullish reported $57 million in adjusted revenue, down from $67 million a year earlier, while net income rose to $108.3 million from a net loss of $116.4 million in the same period in 2024.
The exchange launched US spot trading in October after securing a key New York license and has recorded over $1.5 trillion in cumulative trading volume since 2021.
Ark Invest has been actively adjusting its crypto exposure this year, including recent purchases of $15.56 million in Circle and $8.86 million in BitMine, as well as $7.28 million in Bullish last week.
Ark’s continued acquisitions signal confidence in Bullish’s growth potential and the broader adoption of crypto assets, even amid short-term market fluctuations.
Analysts note that institutional interest in crypto trading platforms remains strong, with Ark positioning its ETFs to capture gains from both emerging digital-asset companies and established exchanges.
