ARK Invest increases exposure to Bullish amid rapid growth in the exchange’s new crypto options platform, which saw $82 million in trading volume within five days.
ARK Invest Expands Bullish Position
Cathie Wood’s ARK Invest has added $12 million worth of Bullish shares, continuing its aggressive accumulation of the crypto exchange following its recent market debut. According to ARK’s daily trade disclosures, the investment firm purchased about 238,000 shares on Monday across three of its flagship exchange-traded funds (ETFs).
The ARK Innovation ETF (ARKK) acquired 164,214 shares, the ARK Next Generation Internet ETF (ARKW) added 49,056 shares, and the ARK Fintech Innovation ETF (ARKF) bought 25,076 shares.
This move follows ARK’s earlier $5 million purchase on Friday, bringing its total exposure to Bullish to nearly $190 million since the exchange’s $1.1 billion NYSE debut.
Bullish Options Platform Records Strong Launch
The investment came shortly after Bullish reported $82 million in trading volume within five days of launching its crypto options platform. The new service enables clients to use their full portfolio as collateral across spot, futures, and options markets, boosting capital efficiency for institutional traders.
The launch attracted major partners, including FalconX Global, Wintermute, and BlockTech, underscoring strong institutional interest.
“We’ve built a product designed to address existing pain points in crypto options trading,” Bullish said in a post on X.
Despite the excitement, Bullish shares closed at $50.26, down 0.71% on the day, with a slight after-hours dip to $50.02, according to market data.
Bullish Expands U.S. Presence
In October, Bullish announced its official launch in 20 U.S. states after receiving both a BitLicense and a money transmission license from the New York State Department of Financial Services (NYDFS) — a key regulatory milestone for the firm.
The platform began operations with BitGo and Nonco as its first institutional clients. Since its founding in 2021, Bullish has processed over $1.5 trillion in global trading volume and now ranks among the top 10 exchanges by Bitcoin and Ether activity.
Institutional Confidence in Bullish Grows
Market observers view ARK’s latest purchase as a vote of confidence in Bullish’s long-term growth and the rising appeal of regulated digital asset exchanges.
“ARK’s continued accumulation highlights growing institutional demand for transparent and compliant crypto platforms,” said financial strategist Liam Ford. “The success of Bullish’s options launch reinforces its position as a serious player in institutional trading.”
As crypto regulation and infrastructure mature, ARK’s investment signals a broader trend — traditional finance increasingly backing platforms that can merge innovation with compliance.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.