Ark Invest Buys $1.83M in Bullish Stock as Shares Jump


Cathie Wood's Ark Invest purchased $1.83 million worth of Bullish shares on Monday as the #stock advanced 16.76% during a broader equity market rally. The investment firm bought 57,164 shares across three exchange-traded funds based on the closing price of $32.05.


The purchase followed Friday's acquisition of 393,057 Bullish shares valued at approximately $10.8 million. Ark simultaneously sold roughly $22.2 million worth of #Coinbase stock that day, according to the firm's trading disclosure. The transactions suggest strategic portfolio rebalancing amid recent market movements.


Monday's rally lifted multiple crypto-related equities. Coinbase rose 1.29% to $167.25, while Circle gained 5.36% and Bitmine advanced 4.79%. The Dow Jones Industrial Average reached a fresh high with a 0.04% increase, while the Nasdaq Composite added 0.9% and the S&P 500 climbed 0.47%.


Ark's latest Bullish purchases came as traditional equity markets demonstrated strength. The coordinated gains across #cryptocurrency stocks reflected improved investor sentiment following recent volatility. Bullish's double-digit percentage jump outpaced other major crypto equities during the session.


$BTC declined 1.36% over 24 hours to $69,786 as of 10:10 p.m. ET Monday. The leading cryptocurrency traded between roughly $68,500 and $71,000 during the day. $ETH edged up 0.7% to $2,097, showing modest gains compared to broader equity market strength.


Ark Invest has maintained active trading in crypto-related #stocks throughout recent market turbulence. The firm's decision to increase Bullish exposure while trimming Coinbase holdings indicates selective positioning within the digital asset equity sector. Wood's investment #strategy continues to focus on companies bridging traditional finance and cryptocurrency markets.

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February 10, 2026 at 2:38 PM
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