Home Ark Invest Expands Stakes In Bullish & Robinhood

Ark Invest Expands Stakes In Bullish & Robinhood

Share
Virtual Digital Assets
Ark
Share

Ark Invest, led by Cathie Wood, has expanded its exposure to crypto-linked firms, purchasing $21.2 million in Bullish shares and $16.2 million in Robinhood shares. According to its latest disclosure, Ark’s Innovation ETF now owns 1.16 million Bullish shares worth approximately $73.85 million. The move builds on Ark’s earlier investment in more than 2.5 million Bullish shares across three ETFs during the exchange operator’s recent IPO. Bullish, notably, is also the owner of crypto news platform CoinDesk.

Alongside Bullish, Ark continued to add Robinhood, buying 150,908 shares at $107.50 each on Tuesday. This marks the third consecutive trading day Ark has increased its Robinhood position, following $14 million in purchases Monday and $9 million Friday.

The aggressive buying highlights Ark’s long-term confidence in crypto-exposed firms, even as markets remain volatile. By doubling down on both an exchange operator and a retail trading platform, Ark is positioning itself for continued growth in digital asset adoption.

Share

Leave a comment

Leave a Reply

Latest News

XRP Set For Big Week As Canary Capital ETF Debuts | 3verseTV

XRP Set For Big Week As Canary Capital ETF Debuts On November 13

XRP is poised for a major week as Canary Capital prepares to launch its XRP ETF on November 13, potentially boosting the...

BitMine Doubles Down on Ethereum, Capturing 2.9% of Ethereum Supply

BitMine Doubles Down on Ethereum, Capturing 2.9% of Ethereum Supply

Is BitMine quietly becoming Ethereum’s largest whale? The corporation now owns 3.5 million ETH, or around 3% of the total supply. Could...

Coinbase Breaks New Ground With Global Token Sales Platform For Retail Investors And Issuers

Coinbase Breaks New Ground With Global Token Sales Platform For Retail Investors And Issuers

Is Coinbase changing the way the world participates in new cryptocurrency launches? Will this new token sales platform ultimately make investment equitable...

Rothschild, PNC Financial Reveal Stakes In Solana ETF | 3verseTV

Rothschild, PNC Financial Reveal Stakes In Solana ETF

Rothschild Investment and PNC Financial Services have disclosed holdings in the Volatility Shares Solana ETF, signaling growing institutional interest in Solana. Rothschild...

Latest Blogs

Crypto Security & Best Practices: How To Keep Your Crypto Safe: Everything You Should Know

Crypto Security and Its Importance Digital transformation has created financial opportunities through cryptocurrencies, yet these digital assets present significant security risks to...

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for what’s to come next. Twitter, YouTube, and virtually everyone on...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The investment environment with its extreme volatility has led to changes...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops Within the quickly changing cryptocurrency arena, novel approaches have surfaced,...

Related Articles

Crypto Security & Best Practices: How To Keep Your Crypto Safe: Everything You Should Know

Crypto Security and Its Importance Digital transformation has created financial opportunities through...

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops...