According to BlockBeats news on August 20, trading notifications on Tuesday showed that ARK Invest's flagship ARK Innovation ETF (ARKK) purchased 356,346 shares of Bullish stock worth about $21.2 million yesterday, as well as 150,908 shares of Robinhood Markets stock worth $16.2 million.
Last week, ARK Invest made a significant investment in Bullish, acquiring 2.53 million shares worth $172 million through three ETFs after the cryptocurrency trading platform made its debut on the New York Stock Exchange.