ARK Invest’s Cathie Wood Doubles Down: Bullish Bet Soars to $129 Million

Cathie Wood's ARK Invest just dropped a $129 million bombshell—doubling down on crypto when traditional finance keeps scratching its head.

The Bullish Gambit

Forget dipping toes—ARK's diving headfirst into digital assets. That nine-figure commitment isn't just play money; it's a statement. While Wall Street hedges, Wood's team bypasses hesitation and cuts straight to conviction.

Timing the Tides

Deploying $129 million now screams either brilliance or madness—typical ARK fashion. They're not waiting for regulatory clarity or ETF approvals. They're building positions while others still debate Bitcoin's 'intrinsic value'.

Finance's Frozen Reaction

Meanwhile, traditional portfolios keep clutching pearls—allocating 1% to crypto while complaining about volatility. Wood's move exposes that timid approach for what it is: performative risk-taking without actual risk.

This isn't just another trade—it's a middle finger to conventional asset allocation. And honestly? Watching institutions panic over digital gold while hoarding inflationary fiat is becoming peak financial comedy.

ARK Invest loads up on Bullish

Tuesday’s trade disclosures from ARK Invest show that its flagship Innovation ETF (ARKK) scooped up 120,609 shares of Bullish. However, the Next Generation Internet ETF (ARKW) added 40,574. Combined, the pair bought just over 161,000 shares.

The latest purchase has cemented Bullish as one of ARK’s favorite new holdings. The firm first bought into the exchange last month when it went public on the NYSE. It snapped up 2.53 million shares (then worth $172 million) across multiple ETFs. Bullish share price has seen a dump of almost 19% over the past month. It closed trading at $51.36 in the last trading session.

Wood’s strategy displays a broader theme in ARK’s playbook. That is, double down on disruptive platforms early, whether it’s Tesla, Coinbase, or now Bullish. This is certainly very clear as ARKK, ARKW, and the Fintech Innovation ETF (ARKF) are now collectively holding nine figures’ worth of the exchange.

Here’s every MOVE Cathie Wood and Ark Invest made in the stock market today 9/16 pic.twitter.com/7PZrr6Hfjs

— Ark Invest Tracker (@ArkkDaily) September 17, 2025

The latest filings also show that ARK is spreading its bets across biotech and semiconductors. It picked up $7.1 million worth of Intellia Therapeutics, alongside $4.1 million in CRISPR Therapeutics and $1.1 million in Arcturus. Later, ARK added nearly $4.2 million of AMD and $3.2 million of Airbnb.

ARK, Fidelity join ETFs inflow wave

The increased exposure to Bullish aligns with fresh bullish momentum seen in crypto-linked equities trade. Bitcoin ETFs have been riding a wave of inflows, and now it has marked seven straight days of gains. On September 16 alone, spot Bitcoin funds pulled in $292 million.

BlackRock’s IBIT dominated the day with $209 million of inflows. IBIT has now attracted $60.25 billion since launch. It sits on $89 billion in net assets, equivalent to nearly 4% of bitcoin’s market cap. Fidelity’s FBTC added $45.7 million, while ARK’s own ARKB saw $40.6 million.

Bitcoin price has surged by more than 4% in the last 7 days. BTC is trading at an average price of $116,847 at the press time. After hitting a fresh all-time high recently, bitcoin holders are now looking for some positive news from the regulators, so that they push for another record-breaking rally.

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