📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Cathie Wood’s Ark Invest Buys $172M in Bullish Shares - Coinspeaker
Key Notes
Bullish, a Cayman Islands-based cryptocurrency exchange, launched its stock, BLSH, in an initial public offering on Aug. 13.
The IPO gained strong attention from investors, including Ark Invest, an investment management firm led by Cathie Wood.
Related article: Cathie Wood’s Ark Invest Buys $20M Shares of ETH Treasury Firm BitmineAccording to an X post by Ark Invest Daily, Wood’s company bought over 2.53 million shares of BLSH stock. While the exact price per share hasn’t been disclosed, the purchase is valued at $172.2 million as the price chart closed at the $68 mark, bringing an 84% rise right after the launch.
Ark Invest accumulated the Bullish shares through multiple funds: 1.71 million by ARKK, 545,416 by ARKW, and 272,755 shares were purchased through its ARKF fund.
Ark Invest’s CEO Wood, who is known for investing in emerging tech firms, seems to have brought strong momentum to the Bullish stock.
However, the three funds that purchased BLSH shares are seeing mixed reactions from investors.
ARKK gained 0.04% to $77.94. ARKF saw a 0.63% rise to $55.62. On the other hand, the ARKW fund declined by 0.12% and is trading at $162.15.
On Aug. 12, Ark Invest purchased 262,463 shares of Jack Dorsey’s Block Inc. Last month, it acquired $20 million worth of ETH Treasury Firm Bitmine shares.
nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.