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#ARK Investment Management has sold the remaining 237,983 shares of the ProShares #Bitcoin Strategy ETF (BITO), valued at $6.7 million, from its ARKW ETF. This move completes a strategic play initiated last year when ARK bought over 4 million BITO shares, anticipating U.S. approval of spot bitcoin #ETFs ARK's largest current holding is now in its own ARK 21Shares Bitcoin ETF (ARKB), representing a significant portion of the fund's total value. #Binance #TrendingTopic

#ARK Investment Management has sold the remaining 237,983 shares of the ProShares #Bitcoin Strategy ETF (BITO), valued at $6.7 million, from its ARKW ETF.

This move completes a strategic play initiated last year when ARK bought over 4 million BITO shares, anticipating U.S. approval of spot bitcoin #ETFs

ARK's largest current holding is now in its own ARK 21Shares Bitcoin ETF (ARKB), representing a significant portion of the fund's total value.

#Binance #TrendingTopic

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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