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Cryptopolitan 2024-01-26 11:30:00

Ark Invest boosts Bitcoin ETF stake amid market uncertainty

Cathie Wood’s Ark Invest purchased a substantial 94,918 shares of the ARK 21 Shares Bitcoin Spot ETF on January 25, 2024, equivalent to approximately US$3.78 million. Simultaneously, the firm executed a sell-off, divesting 198,873 ProShares Bitcoin Futures ETF shares, amounting to approximately US$3.82 million. These calculated decisions highlight the dynamic nature of Ark Invest as

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