Ark Invest said he bought more than 2.5 million actions from Crypto Platform Bullish (BLsh) The company’s explosive debut day in the New York Stock Exchange, ensuring a valued participation at more than $ 170 million at the end of the day.
The company’s shares, owner of Coindesk, increased up to $ 102 from the OPO prices of $ 37, before closing to $ 68, an 84%gain. The company sold 20.3 million shares for its initial public offer, which had also attracted Blackrock’s interest (Blk)According to a presentation before the SEC.
Ark added 1,714,522 BLSH shares Ark Eth innovation badge (Arkk)545,416 actions for the ETF of the Internet of Next Generation Ark (ARKW) and 272,755 actions to the ETF of innovation Ark Fintech (ARKF).
Bullish’s rally extended to Thursday, recently quoting 15% higher. That performance occurs when the broader cryptographic market slid, erasing part of the previous day’s profits when Bitcoin
Press a $ 124,000 record. The Coendesk 20 index has dropped approximately 2.1% in the last 24 hours.
Other recently listed crypto actions fell. Circle (CRCL)that was made public in June, fell around 2% on Thursday, while the Etoro negotiation platform (ETOR) It fell almost 3%.
Wood has a history of making considerable movements in newly public cryptographic companies. After Circle’s OPI, Ark bought around 4.5 million shares, valued at approximately $ 373 million at that time.
These shares are now worth approximately $ 675 million. Its participation in Etoro is lower, around 140,000 shares, currently valued at $ 6.5 million.
Bullish’s solid debut and the rapid assignment of ARK in multiple ETF highlights the growing interest of investors in cryptographic infrastructure companies that are negotiated publicly, even when market volatility remains high.
