Ark Invest Continues Bullish Stock Buying Spree: 9th Consecutive Day with $11.6M Purchase

Cathie Wood's Ark Invest has reinforced its confidence in the cryptocurrency exchange sector by purchasing additional shares of Bullish stock for the ninth consecutive trading day. The latest acquisition, valued at approximately $11.6 million, is part of a sustained accumulation strategy through the firm's ARK Fintech Innovation ETF (ARKF). This persistent buying activity highlights Ark's strong conviction in Bullish's growth potential within the digital asset ecosystem. Bullish, a crypto exchange founded by blockchain technology firm Block.one, is known for its order book liquidity and focus on institutional-grade services. Analysts view this aggressive accumulation as a significant vote of confidence from a major institutional investor, potentially signaling long-term optimism for the exchange's market position and the broader crypto infrastructure landscape.