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

CoinFeed reported on May 20th that, according to The Block, Cathie Wood's investment firm, Ark Invest, has purchased a total of $4.4 million worth of Bullish stock across its three ETFs so far this week, after the stock rebounded slightly on Tuesday following a five-day decline. According to Ark's daily trading statement, the company bought 52,308 shares of Bullish stock on Monday and 69,712 shares on Tuesday. Based on the closing prices of each day, the total purchase amount is approximately $4.4 million. Bullish stock has fallen 15.4% over the past five trading days, but rebounded 1.88% on Tuesday, closing at $36.23. Despite the slight recovery, the stock is still down 16.7% over the past month.