ARK Sells Off GBTC Shares, Becomes Second-largest Holder of ProShares Bitcoin Futures ETF
ARK Invest has sold its remaining $200 million worth of Grayscale Bitcoin Trust (GBTC) shares and used $100 million to buy shares in the ProShares Bitcoin Strategy ETF (BITO). This move makes ARK Invest the second-largest holder of the Bitcoin futures ETF. The asset manager sold 2.25 million GBTC shares and purchased 4.32 million shares of the ProShares Bitcoin Strategy ETF
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ARK Sells Off GBTC Shares, Becomes Second-largest Holder of ProShares Bitcoin Futures ETF
ARK Invest has sold its remaining $200 million worth of Grayscale Bitcoin Trust (GBTC) shares and used $100 million to buy shares in the ProShares Bitcoin Strategy ETF (BITO). This move makes ARK Invest the second-largest holder of the Bitcoin futures ETF. The asset manager sold 2.25 million GBTC shares and purchased 4.32 million shares of the ProShares Bitcoin Strategy ETF