Peter Thiel-Backed Crypto Platform Bullish Climbs 4.16% — But Cathie Wood Is Trimming Her Stake

Bullish
ARK Innovation ETF
ARK Next Generation Internet ETF

Bullish

BLSH

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ARK Innovation ETF

ARKK

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ARK Next Generation Internet ETF

ARKW

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On Monday, Cathie Wood-led Ark Invest executed a notable divestment in Bullish (NYSE:BLSH), a prominent player in the digital asset space. This move comes as the Peter Thiel-backed company disclosed its fourth-quarter 2025 financial outcomes in February.

The Bullish Trade

Ark Invest made significant sales of Bullish shares on Monday. The trades were executed through two of its ETFs: ARK Innovation ETF (BATS:ARKK) and ARK Next Generation Internet ETF (BATS:ARKW). Specifically, ARKK sold 31,154 shares, while ARKW offloaded 8,208 shares. With Bullish’s last closing price at $39.55, the total value of these trades amounted to approximately $1.57 million. The stock rose 4.16% on Monday.

Bullish, a digital asset platform, recently released its fourth-quarter 2025 results. The company, known for its market infrastructure and information services, reported its financials on February 5, 2025.

Bullish reported fourth-quarter adjusted revenue of $92.5 million and adjusted EBITDA of $44.5 million, both rising year-over-year, while net loss widened to $563.6 million. Adjusted net income improved to $28.9 million despite a slight dip in digital asset sales to $64.3 billion.

The company said it expects 2026 subscription, services and other revenue of $220 million to $250 million, with adjusted operating expenses projected between $210 million and $230 million.

Other Key Trades:

  • 10X Genomics Inc (TXG): ARKG purchased 14,380 shares, and ARKK acquired 84,342 shares.

Benzinga Edge Stock Rankings indicate Bullish stock has a Price Trend that checks out on the Short and Medium terms.

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

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