Ark Invest bought a total of $4.4 million worth of Bullish stock so far this week.

May 20th, according to The Block, Cathie Wood's investment firm Ark Invest has bought a total of $4.4 million worth of Bullish shares across three of its ETFs this week. The stock saw a slight rebound on Tuesday after falling for the past five trading days. According to Ark's daily trading statements, the company purchased 52,308 shares of Bullish on Monday and 69,712 shares on Tuesday. Based on the closing prices of each day, the total purchase amounted to approximately $4.4 million. Bullish's stock price had fallen 15.4% cumulatively over the past five trading days, and it rebounded 1.88% on Tuesday, closing at $36.23. Despite the slight recovery, the stock is still down 16.7% over the past month.