ARK Invest’s Recent Move into Crypto Stocks
Cathie Wood’s ARK Invest, renowned for its innovative investment strategies, has broken its six-week hiatus to invest significantly in crypto stocks. On January 28, 2025, the fund acquired $1.1 million worth of Bullish (BLSH) shares, signaling its unwavering commitment to the cryptocurrency sector. The purchase included 33,022 shares distributed between the ARK Innovation ETF (31,543 shares) and the ARK Blockchain & Fintech Innovation ETF (1,479 shares).
Bullish: The Institutional Crypto Exchange
Bullish, a Peter Thiel-backed institutional crypto exchange, has been making waves in the market since its IPO in August 2025. Catering primarily to institutional traders, the Cayman Islands-based company has introduced innovative features like crypto options trading and subscription-based services. Its recent partnership with Deutsche Bank also highlights its ambition to redefine crypto trading on a global scale.
Performance and Market Reaction
Despite ARK Invest’s vote of confidence, BLSH stocks saw a decline in the market. The share price dropped 4.5% to $34.33 on the day of purchase and continued sliding to $32.76 the following day, reflecting the broader struggles of the crypto market as Bitcoin traded below $90,000.
ARK Invest’s Longstanding Commitment to Crypto
Known for its foresight, ARK Invest has been a staunch proponent of digital assets since becoming the first public asset management firm to invest in Bitcoin in 2015. The firm’s latest crypto acquisitions extend beyond Bullish, including investments in Coinbase and Circle Internet, totaling a hefty $21.5 million across platforms.
Upcoming Catalysts for Bullish
Bullish will report its Q4 2025 earnings on February 5, expected to shed light on performance metrics across various offerings. Market analysts remain divided on its valuation, with future profitability and growth potential being key points of contention.
Why This Matters for Investors
ARK Invest’s relentless optimism signals a long-term bullish outlook for crypto assets, even amid market turbulence. Investors looking to capitalize on similar opportunities can explore diversified crypto ETFs such as the ARK Fintech Innovation ETF, which aligns risk by targeting companies in blockchain, digital payments, and fintech technologies.
