Ark Invest Buys $4.4 Million in Bullish Stock

According to Golden Finance, on May 20, this week, the investment firm Ark Invest, led by Cathie Wood, purchased a total of $4.4 million worth of Bullish stock through three of its exchange-traded funds. Previously, the stock had declined over the past five trading days, with a slight rebound on Tuesday. According to Ark's daily trading statement, the company bought 52,308 shares of Bullish stock on Monday and 69,712 shares on Tuesday for its Innovation (ARKK), Next Generation Internet (ARKW), and Blockchain and Fintech Innovation (ARKF) ETFs. Based on the stock's daily closing prices, the total value of these acquisitions is approximately $4.4 million.