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Ark Invest buys shares in Peter Thiel-backed Bullish for 10 straight days

Investment

Ark Invest, the investment firm led by Cathie Wood, has demonstrated strong conviction in the cryptocurrency exchange Bullish by purchasing its shares for ten consecutive trading sessions. Bullish, a digital asset platform backed by billionaire Peter Thiel, has become a frequent addition to Ark’s fintech and innovation-focused exchange-traded funds (ETFs). This streak of acquisitions highlights Ark’s ongoing strategy of doubling down on blockchain-integrated financial services and infrastructure. The consistent buying activity suggests that Ark sees significant long-term value in Bullish’s institutional-grade trading platform, even as the broader crypto market faces regulatory scrutiny and volatility. These trades align with Cathie Wood’s broader vision of a decentralized financial future, positioning Bullish as a core component of Ark’s digital asset portfolio.

Source: Ark Invest buys shares in Peter Thiel-backed Bullish for 10 straight days

Disclaimer: This content is generated via ZODIAC AI engine for informational purposes. While we strive for accuracy, we do not guarantee the completeness of the information. This is not financial advice. Decisions should be made based on your own judgment.

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