Cathie Wood's Ark Invest Increases Stake in Bullish Amid Bitcoin Price Drop
Cathie Wood's Ark Invest made significant trades by increasing its holdings in Bullish, a Coinbase rival backed by Peter Thiel. The investment amounted to approximately $10.18 million, with Ark Invest acquiring 277,063 shares. This move occurred as Bitcoin's price fell below $91,000, indicating Ark Invest's bullish stance despite the cryptocurrency's recent decline.