ARK Invest Concludes Sales of Bitcoin ETF Shares
In a notable development within the cryptocurrency investment landscape, ARK Invest, led by prominent investor Cathie Wood, has sold off its remaining shares in the ProShares Bitcoin Strategy ETF (BITO). This move involved the divestiture of 237,983 BITO shares, netting approximately $6.7 million at a selling price of $28.22 per share.