Ark Invest Purchases Over 2.5 Million Shares of Bullish Stock on First Day

According to reports, Ark Invest purchased over 2.5 million shares of Bullish (BLSH) on its first day of listing on the New York Stock Exchange, distributing them among the ARKK, ARKW, and ARKF ETFs, with a total market value of over 170 million USD. The stock price of Bullish rose 84% compared to the IPO pricing, closing at 68 USD on the first day, with a trading volume of 20.3 million shares. Meanwhile, related crypto new stocks such as Circle and eToro performed poorly.