ARK Dumps ProShares Bitcoin ETF Shares in Massive Sell-Off

CoinMarketCap04-26

Last Thursday, ARK Invest, led by Cathie Wood, strategically sold its remaining 237,983 shares of the ProShares Bitcoin Strategy ETF (BITO). The sale, worth $6.7 million, occurred at the Thursday ...

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The sale, worth $6.7 million, occurred at the Thursday ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/662ba2ea9365b76cc4a193eb/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTCW","symbol_name":"WisdomTree Bitcoin Fund","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/662ba2ea9365b76cc4a193eb/","article_id":"2430274880","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/2aba8268d76a4e9c9fee01f286219ecd.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430274880","pubTimestamp":1714135784,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Last Thursday, ARK Invest, led by Cathie Wood, strategically sold its remaining 237,983 shares of the ProShares Bitcoin Strategy ETF (BITO). 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This substantial holding constitutes 10.4% of the fund’s overall value.\nBy reallocating its holdings, ARK demonstrates its confidence in ARKB while adapting to the evolving landscape of cryptocurrency investment.\n\nAlso Read: SEC Likely to Reject Ether ETFs Next Month, Sources Report","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430274880"}