Cathie Wood’s investment firm, Ark Invest, has purchased millions of dollars in its spot Bitcoin exchange-traded fund (ETF).
Ark Invest published in partnership with 21Shares ARK 21Shares Bitcoin ETF (ARKB) invested. Tuesday, January 16 company taking action $15.9 million worth 365,427 shares he bought. The purchase transaction in question Ark Invest’s Next Generation Internet ETF (ARKW) was carried out through.
In parallel with this acquisition, Ark Invest acquired investment products provider ProShares’ In ProShares Bitcoin Strategy ETF (BITO) specifically $15.8 million made sales worth .
ARKB shares fell on Tuesday daily from $43.51 While closing, on January 11 $49 based on listing price approx. 11% decrease It happened. According to the data, at the time of writing ARKB from $43.45 is being traded.
Ark Invest is owned by Grayscale Grayscale Bitcoin Trust (GBTC) He also divested his investments at this point before converting to a spot Bitcoin ETF.