Ark Invest Buys $21.2M of Bullish Shares and $16.2M Robinhood Shares

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By Sam Reynolds, AI Boost|Edited by Parikshit Mishra

Aug 20, 2025, 4:12 a.m.

Cathie Wood, CEO of ARK Invest, at Consensus 2024.(Suzanne Cordiero)
  • Ark Invest has increased its stake in Bullish, with the ARK Innovation ETF now holding over 1.1 million shares valued at approximately $73.85 million.
  • The firm added 356,346 Bullish shares to its holdings on August 19, a purchase worth about $21.2 million.
  • Ark Invest continued its investment in Robinhood, acquiring 150,908 shares valued at around $16.2 million, marking the third consecutive day of purchases.

Cathie Wood’s Ark Invest has increased its exposure to crypto exchange operator Bullish (BLSH), with the ARK Innovation ETF (ARKK) now holding 1,165,397 shares valued at roughly $73.85 million, according to the firm’s latest holdings disclosure.

The update comes after Ark added 356,346 Bullish shares to ARKK on Aug. 19, a purchase worth about $21.2 million at the close of trading in New York, when the stock settled at $59.51 at close. The buy builds on Ark’s earlier allocation of more than 2.5 million shares spread across three ETFs on the day of Bullish’s debut.

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Ark also extended its buying spree in Robinhood (HOOD), purchasing 150,908 shares worth about $16.2 million at Tuesday’s close of $107.50.

Robinhood has become one of Ark’s most consistent crypto-adjacent holdings, with Tuesday’s purchase marking the third straight trading day the firm added to its position, following $14 million in buys on Monday and $9 million on Friday.

Read more: Bullish’s $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX’s collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.

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“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.

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