Ark Invest Boosts Bullish Holdings Amid Mixed Crypto Market

Ark Invest has been actively accumulating shares of Bullish (BLSH) through its exchange-traded funds (ETFs). Over the past four trading sessions, the firm has purchased a total of $12.5 million worth of BLSH stock.

The latest acquisition on Thursday added $5 million to Ark's holdings in BLSH, with the stock closing at $35.96. This marks the fourth consecutive day that Ark Invest has increased its stake in Bullish.

The firm's buying activity comes as the broader cryptocurrency market remains mixed. Bitcoin (BTC) traded within a narrow range of $76,000 and $78,000 on Friday, while AI-linked tokens such as NEAR and FET gained significant value.