According to Foresight News, Ark Invest sold 118,209 shares of its spot Bitcoin ETF, ARKB, on Wednesday. The sale, valued at $7.76 million, marks the first time Ark has sold shares of ARKB since the ETF's launch in January. The decision to sell was part of a broader strategy to rebalance the fund's weightings.
Ark Invest Sells Bitcoin ETF Shares Amid Fund Rebalancing
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