Caught Ark Invest dropping another 18 million into crypto plays on Thursday. They're now at 10 straight days buying Bullish shares, which is pretty interesting for an institutional player. The 18 million split across three positions: 2 million in Bullish, 12 million in Robinhood, and 4 million in what they're calling an ether treasury firm. Not huge individual positions but the consistency matters. Bullish shares sitting around 31-32 range, Robinhood took a hit with the broader tech selloff Thursday, down 8.9% to 71. Bitcoin followed the tech rout and dipped below 71k. The fact that Ark keeps showing up for 10 days straight on the same exchange is the real signal here though. Institutional money doesn't usually move like that unless they're seeing something worth accumulating. The 18 million total isn't massive in their portfolio but the pattern of buying into weakness on Bullish is worth watching.

BTC-2,54%
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