On Monday, Cathie Wood-led Ark Invest executed a notable divestment in Bullish (NYSE:BLSH), a prominent player in the digital asset space. This move comes as the Peter Thiel-backed company disclosed its fourth-quarter 2025 financial outcomes in February.
The Bullish Trade
Ark Invest made significant sales of Bullish shares on Monday. The trades were executed through two of its ETFs: ARK Innovation ETF (BATS:ARKK) and ARK Next Generation Internet ETF (BATS:ARKW). Specifically, ARKK sold 31,154 shares, while ARKW offloaded 8,208 shares. With Bullish’s last closing price at $39.55, the total value of these trades …