CathieDWood
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🔥Are you ready for the Bitcoin revolution? 🔥
The first Bitcoin spot ETFs will launch this Thursday, thanks to VanEck and other pioneers.
This is a historic moment for the crypto industry, as the SEC has finally given the nod to the most popular digital asset.
Cathie Wood, the legendary investor and CEO of ARK Invest, says this is a huge opportunity for institutional investors to join the Bitcoin bandwagon.
Don’t miss this chance to be part of the future of finance. 💯
#BitcoinETF💰💰💰 #ETFApprovalDreams #VanEckInsights #CathieDWood #CryptoNewsLand
$BTC
The first Bitcoin spot ETFs will launch this Thursday, thanks to VanEck and other pioneers.
This is a historic moment for the crypto industry, as the SEC has finally given the nod to the most popular digital asset.
Cathie Wood, the legendary investor and CEO of ARK Invest, says this is a huge opportunity for institutional investors to join the Bitcoin bandwagon.
Don’t miss this chance to be part of the future of finance. 💯
#BitcoinETF💰💰💰 #ETFApprovalDreams #VanEckInsights #CathieDWood #CryptoNewsLand
$BTC
#ArkInvest Update:
Yesterday,
#CathieDWood firm adjusted its portfolio, trimming over 280,000 #Coinbase shares (approx. US$40 million) in flagship funds.
Notably, #ARKW Fund also parted with 45,864 shares of #Bitcoin Investment Trust ( #GBTC ).
Stay tuned for more insights!
$BTC $BNB $SOL
Yesterday,
#CathieDWood firm adjusted its portfolio, trimming over 280,000 #Coinbase shares (approx. US$40 million) in flagship funds.
Notably, #ARKW Fund also parted with 45,864 shares of #Bitcoin Investment Trust ( #GBTC ).
Stay tuned for more insights!
$BTC $BNB $SOL
Cathie Wood Swaps GBTC for BITO: Big Move in the Bitcoin ETF Game!
#CathieDWood ARK Invest has made a bold move, selling off all their remaining GBTC shares and using half the proceeds (around $50 million) to buy BITO, the ProShares Bitcoin futures ETF. This could signal a shift in strategy for ARK and potentially the broader #BitcoinETF landscape.
Why the switch?
Analysts speculate ARK chose #BitOK for its liquidity and potentially lower fees compared to GBTC. BITO tracks Bitcoin futures contracts, while GBTC holds actual Bitcoin, which can make it less liquid and more expensive to trade.
What could this mean for BITO and Bitcoin?
ARK's investment could bring increased attention and trading volume to BITO. This could be positive for the Bitcoin market overall, potentially boosting both BITO's price and Bitcoin's.
Stay tuned! This is a developing story and could have significant implications for Bitcoin and the ETF market. Keep an eye out for updates and analysis!
Share your thoughts! Do you think ARK made the right move? What does this mean for the future of Bitcoin ETFs? Discuss in the comments!
#NFP #Launchpool
$BTC $ETH $SOL
Why the switch?
Analysts speculate ARK chose #BitOK for its liquidity and potentially lower fees compared to GBTC. BITO tracks Bitcoin futures contracts, while GBTC holds actual Bitcoin, which can make it less liquid and more expensive to trade.
What could this mean for BITO and Bitcoin?
ARK's investment could bring increased attention and trading volume to BITO. This could be positive for the Bitcoin market overall, potentially boosting both BITO's price and Bitcoin's.
Stay tuned! This is a developing story and could have significant implications for Bitcoin and the ETF market. Keep an eye out for updates and analysis!
Share your thoughts! Do you think ARK made the right move? What does this mean for the future of Bitcoin ETFs? Discuss in the comments!
#NFP #Launchpool
$BTC $ETH $SOL
