Ark Invest has been buying Bullish stock for 10 consecutive days, with yesterday's purchases valued at approximately $11.6 million.

PANews reported on February 12 that, according to The Block, Cathie Wood's Ark Invest increased its holdings of Bullish, a cryptocurrency exchange backed by Peter Thiel, for the tenth consecutive trading day. On Wednesday, it purchased a total of 364,044 shares through three ETFs, worth approximately $11.6 million.

Bullish shares closed at a low of $24.90 on February 9, before rebounding 28.3% over the next five trading days to close at $31.88 on Wednesday. Ark also purchased 75,559 shares of Circle stock on the same day, worth approximately $4.4 million. USDC issuer Circle shares fell 3.2% to $57.86 on Wednesday, marking a cumulative decline of 30% over the past month.