{"id":29155,"date":"2026-05-20T09:38:27","date_gmt":"2026-05-20T09:38:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ark-invest-bets-on-crypto-exchange-bullish-after-selloff\/"},"modified":"2026-05-20T09:38:33","modified_gmt":"2026-05-20T09:38:33","slug":"ark-invest-bets-on-crypto-exchange-bullish-after-selloff","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ark-invest-bets-on-crypto-exchange-bullish-after-selloff\/","title":{"rendered":"Ark Invest bets on crypto exchange Bullish after selloff"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>Ark Invest bought $4.4 million in Bullish shares after the crypto exchange\u2019s stock fell for five trading days and then posted a small rebound.<\/strong><\/p>\n<div id=\"cn-block-summary-block_a752b611195b4d1f725766dbfff4ccfd\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ark Invest bought $4.4 million in Bullish shares across ARKK, ARKW, and ARKF this week.<\/li>\n<li>Bullish stock rebounded 1.88% after a five-day slide but remains lower over one month overall.<\/li>\n<li>Bullish reported a $604.9 million first-quarter loss while adjusted revenue rose to $92.8 million year-over-year.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Cathie Wood\u2019s Ark Invest <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ArkkDaily\/status\/2056706174070690181?s=20\" target=\"_blank\" rel=\"nofollow\">bought<\/a> Bullish shares across three exchange-traded funds this week. The purchases went into ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.<\/p>\n<p>The firm bought 52,308 Bullish shares on May 18, according to market reports. It then added 69,712 shares on May 19, worth about $2.48 million at the day\u2019s price. That brought the combined two-day purchase to about $4.4 million.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Bullish stock rebounds after five-day drop<\/strong><\/h2>\n<p>Bullish shares had fallen 15.4% across five trading days before recovering 1.88% on Tuesday to close at $36.23. The stock was still down 16.7% over the past month.<\/p>\n<p>Ark often changes its ETF holdings as prices move. The firm also manages position sizes so that a single stock does not become too large inside one fund. That rule can lead to new buys or sales when crypto-linked equities move sharply.<\/p>\n<p>Additioanlly, the purchases came after Bullish <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/investors.bullish.com\/news\/news-details\/2026\/Bullish-reports-first-quarter-2026-results\/default.aspx\" target=\"_blank\" rel=\"nofollow\">reported<\/a> mixed first-quarter results. The company posted a net loss of $604.9 million for the quarter, compared with a loss of $348.6 million a year earlier. Adjusted revenue rose to $92.8 million from $62.4 million.<\/p>\n<p>Bullish also <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001872195\/000143774926016869\/ex_932618.htm\" target=\"_blank\" rel=\"nofollow\">reported<\/a> $51.8 billion in digital asset sales. Its options trading volume reached $11.6 billion during the quarter, while open interest captured a 14% market share in April.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Equiniti deal remains central to growth plan<\/strong><\/h2>\n<p>Bullish CEO Tom Farley pointed to the planned Equiniti acquisition as part of the company\u2019s long-term strategy. He said, \u201cWith the proposed acquisition of Equiniti, we will have all three elements required to become a powerhouse leading the blockchain era.\u201d<\/p>\n<p>Related coverage said the $4.2 billion Equiniti deal would give Bullish access to a transfer agent serving 3,000 major companies and about 20 million shareholders. Bullish described the deal as a way to build tokenized securities infrastructure at institutional scale.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Ark has backed Bullish since IPO<\/strong><\/h2>\n<p>Ark has shown interest in Bullish since its public listing. Related market coverage noted that Bullish raised $1.1 billion in its IPO after selling 30 million shares at $37 each. The listing valued the exchange at about $5.4 billion.<\/p>\n<p>Ark also bought Bullish shares soon after the IPO. Earlier coverage showed ARKK bought 356,346 shares in August 2025, worth about $21.2 million at the time, after Ark had already allocated roughly $172 million across three funds on Bullish\u2019s first trading day.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ark Invest bought $4.4 million in Bullish shares after the crypto exchange\u2019s stock fell for five trading days and then posted a small rebound. Summary Ark Invest bought $4.4 million&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=29155"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29155\/revisions"}],"predecessor-version":[{"id":29156,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29155\/revisions\/29156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2294"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=29155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=29155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=29155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}