Cathie Wood buys $12 million of Peter Thiel backed crypto stock

Cathie Wood is at it again. The head of Ark Invest continues to shuffle her high-conviction tech bets, this time scooping up shares of crypto-exchange operator Bullish Holdings (NYSE: BLSH) while trimming Palantir Technologies (PLTR) and Roku Inc. (ROKU). According to Ark’s Nov. 3 trade disclosure, the firm bought Bullish stock across three of its exchange-traded funds: 164,214 shares in the flagship ARK Innovation ETF (ARKK), 49,056 shares in the Next Generation Internet ETF (ARKW), and 25,076 shares ...