Ark Invest Boosts Exposure to Crypto-Related Stock Bullish

Ark Invest has increased its exposure to Bullish, a crypto-related stock, by purchasing $1.83 million worth of shares on Monday as the market rallies.

The purchase of 57,164 shares was made across three exchange-traded funds based on the closing price of $32.05, following Friday's acquisition of 393,057 Bullish shares valued at approximately $10.8 million.

The transactions suggest strategic portfolio rebalancing amid recent market movements, with Ark simultaneously selling roughly $22.2 million worth of Coinbase stock on Friday.