ARK Invest increases holdings by $5 million in Bullish stocks again

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BlockBeats News, May 22 — Cathie Wood's investment firm Ark Invest bought approximately $5 million worth of Bullish stocks again on Thursday through three of its trading platform ETFs, despite the stock closing lower that day.

According to Ark's daily disclosed trading data, Ark bought a total of 139,117 shares of Bullish stock on Thursday through its Innovation (ARKK), Next Generation Internet (ARKW), and Blockchain and Fintech Innovation (ARKF) ETFs. Based on the closing price that day, this transaction was worth about $5 million.

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QuantizedDaydream
· 14m ago
Traditional finance and crypto bridge stocks, ARK indeed loves this type.
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FeeMarketMonk
· 2h ago
5 million dollars is a drop in the bucket for ARK, but the direction is important
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AirdropUnderTheNeonBridge
· 3h ago
Encrypted exchange stocks + ARK, double buff?
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MintLiquidationWarning
· 3h ago
Wood Sister has increased her position again, faith recharge
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NoSleepBridge
· 3h ago
The stock price closed lower but still bought, a classic contrarian move.
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LateBlockLarry
· 3h ago
This counts as an institution voting for compliant exchanges, right?
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GateUser-d6fb8ff1
· 3h ago
The decline on that day indicates the market has not yet reacted.
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ViewingBullAndBearMarketsFromA
· 3h ago
Cathie Wood's bets are always long-term; short-term ups and downs don't matter.
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OneUnfilledOrder
· 3h ago
139,117 shares, the number is quite neat.
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GateUser-cb789e81
· 3h ago
Can this bullish wave ride on the ETF narrative?
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