#ARKInvest Buys $10.2M Bullish Stock as #Crypto Markets Crash


ARK Invest purchased $10.2 million worth of Bullish shares on Monday as the crypto exchange's stock dropped to an all-time low. The purchase came across three exchange-traded funds during a sharp sell-off that hammered publicly traded crypto companies.


According to ARK's daily trade disclosure, the ARK Innovation #ETF acquired 191,195 #Bullish shares while ARKW purchased 56,660 shares. The ARKF fund added 29,208 shares to its holdings. $BLSH closed down 4.5% at $36.75 on Monday, marking its lowest price since the Peter Thiel-backed exchange went public.


The timing coincides with Bullish's third-quarter earnings report scheduled for Wednesday. During the second quarter, the exchange posted $57 million in adjusted revenue, down from $67 million one year earlier. However, Bullish swung to a net income of $108.3 million compared to a $116.4 million loss in the same period last year.


$BLSH has declined nearly 46% over the past six months. The stock has struggled to maintain momentum since its August debut on the New York Stock Exchange despite securing regulatory approvals for spot trading in the United States.

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November 18, 2025 at 11:37 AM
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