ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
Submitted by Anonymous (not verified) on Fri, 01/19/2024 - 10:20Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.

ARK sold a similar amount - $15.8 million - worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futur


Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Bal
Cathie Wood, founder and CEO at Ark Invest, has made several appearances across mainstream media channels to discuss the first US-approved spot Bit
ARK Invest's CEO previously predicted the price to reach $1 million by 2030.
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