Ark Invest buys the Bullish dip — another $5M across ARKK, ARKW, and ARKF as shares slide!

Cathie Wood's Ark Invest added $5 million worth of Bullish shares on Thursday, picking up 139,117 shares spread across its ARKK, ARKW, and ARKF ETFs even as the stock closed down 2.73% at $35.96. The move extends a multi-session accumulation run that saw Ark deploy $4.4 million across the same three funds on Monday and Tuesday — roughly $9.4 million in fresh exposure over just four trading days.

The buying comes against a backdrop of mixed Q1 results: Bullish posted a $604.9 million net loss — nearly double the year-ago figure — but adjusted revenue climbed to $92.8 million from $62.4 million, signalling real operating momentum beneath the headline number. The stock is down 8.9% over the past five sessions and 14.2% over the past month.

Ark's conviction appears tied to Bullish's longer-term strategic pivot. The company recently announced a $4.2 billion acquisition of Equiniti, framed…