Cathie Wood’s ARK Invest Buys $12M in Bullish: Crypto’s New Tyranny?

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✨In the shadow of the digital age, Cathie Wood’s ARK Invest, that enigmatic architect of financial destiny, extended her hand to the Bullish crypto exchange, acquiring 238,000 shares, a sum of $12 million, as if weaving a new tapestry of economic fate. 🧵💰

As the scrolls of ARK’s daily trade disclosures reveal, the ARK Innovation ETF (ARKK) unfurled 164,214 shares, while the ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF) added their portions, each a brick in the edifice of financial ambition. 🧱📈

This is not the first dance; last week, ARK’s hand had already reached out, grasping over $5 million worth of Bullish shares, a prelude to the grand performance. 🎭

Since the exchange’s $1.1 billion NYSE debut, ARK has been a relentless scribe, inscribing $172 million worth of shares across its funds, a testament to the unyielding march of capital. 📜📈

Bullish sees record volume after launching crypto options platform

As the Bullish platform launched its crypto options, the volume surged, a tempest of $82 million in five days, allowing users to collateralize their entire portfolios, a promise of efficiency, yet a labyrinth of complexity. 🌀🔐

Institutional partners, like FalconX Global and Wintermute, joined the fray, their participation a seal of approval, while Bullish, with a tweet, declared their product a cure for the ills of crypto options. 🦠💊

Bullish shares, though, closed at $50.26, a slight dip, as after-hours trading whispered of further declines. 📉💸

Bullish launches in 20 US states

Last month, Bullish, with the grace of a phoenix, launched in 20 US states, having secured the BitLicense and money transmission license, a feat akin to passing through the gates of the digital underworld. 🔐🌀

With clients like BitGo and Nonco, Bullish, since its 2021 inception, has processed a trillion dollars in trades, a titan among exchanges, yet a mere shadow in the vast cosmos of crypto. 🌌📉

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2025-11-04 10:45