Bullish IPO Skyrockets as Ark Invest Backs $172M Bet

Bullish made a high-volatility debut on the NYSE, closing nearly 90% higher at a $10B valuation. Cathie Wood’s Ark Invest took a bold position, purchasing $172M in shares across three ETFs on day one — signaling strong institutional confidence in the crypto exchange operator backed by Peter Thiel.

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Read the full story: www.ecoinimist.com/2025/08/14/bullish-ipo-soars-nearly-90-ark-invest