ARK Invest added $1.83 million in Bullish (BLSH) stock, distributing 57,164 shares across ARKK, ARKW, and ARKF ETFs. This follows a $10.8 million acquisition, shifting from Coinbase investments amid cryptocurrency market volatility.
Ark Invest expanded its Bullish stock holdings by $1.83 million on February 9, 2026.
The purchase echoes Ark Invest’s strategy of prioritizing emerging technologies, reflecting confidence in Bullish’s potential for continued growth amidst fluctuating cryptocurrency markets.
Ark Invest, led by Cathie Wood, added 57,164 Bullish shares across its ETFs, including ARKK, ARKW, and ARKF. Prior investments emphasized disruptive technology, and Bullish’s recent growth highlights its attractiveness.
This acquisition follows a prior $10.8 million purchase, demonstrating Ark’s ongoing interest in crypto innovation. “Our investment into Bullish is guided by our commitment to supporting innovation in the cryptocurrency market,” said an unnamed Ark representative. Bullish stock experienced a notable 16.76% rise, closing at $32 per share, further shifting market sentiment.
Financial shifts are evident as ARK reallocates funds from recently sold Coinbase shares. Industry implications include heightened investor focus on cryptocurrency exchanges as promising avenues despite market volatility.
Regulatory scrutiny remains unchanged, but Ark’s continued investment suggests a strategic pivot, potentially influencing other institutional investors. Bullish’s profits present an encouraging sign for stakeholders within the crypto ecosystem.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

