Ark Invest Adds to Positions With $21.2M Bullish and $16.2M Robinhood Share Purchases

Ark Invest Deepens Crypto Exposure With Fresh Buys in Bullish and Robinhood

Ark Invest, led by Cathie Wood, has continued expanding its crypto-related positions, increasing its holdings in both crypto exchange operator Bullish (BLSH) and retail brokerage Robinhood (HOOD), according to its latest portfolio disclosures.

On August 19, Ark’s flagship ARK Innovation ETF (ARKK) purchased 356,346 shares of Bullish, valued at approximately $21.2 million based on the stock’s closing price of $59.51. The addition lifts ARKK’s total Bullish holdings to 1,165,397 shares, now worth an estimated $73.85 million.

The latest buy builds on Ark’s aggressive entry into Bullish earlier this month, when the firm acquired over 2.5 million shares across three ETFs on the company’s first day of trading—then valued at more than $170 million.

Bullish is the parent company of CoinDesk.

Ark also added to its position in Robinhood for a third consecutive trading session, acquiring 150,908 shares on Tuesday worth about $16.2 million at the day’s close of $107.50. This follows $14 million in purchases on Monday and $9 million on Friday, underscoring Ark’s continued conviction in Robinhood’s crypto-adjacent growth potential.

Robinhood remains a core holding across Ark’s portfolios, reflecting the investment firm’s broader thesis around fintech and digital asset adoption.