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CoinGape
2024-04-21 01:26:08

Cathie Wood’s Ark Sells BITO, Buys Ark Spot ETF & ProShares Ether ETF Shares

Cathie Wood’s Ark Sells BITO, Buys Ark Spot ETF & ProShares Ether ETF Shares

Cathie Wood’s ARK Invest is strategically reshaping its investment portfolio, steering away from reliance on the ProShares Bitcoin Strategy ETF (BITO) towards the establishment of its own spot bitcoin ETF. This strategic shift was evidenced in a recent trading disclosure on April 19, where ARK’s Next Generation Internet ETF (ARKW) initiated significant movements. ARKW divested The post Cathie Wood’s Ark Sells BITO, Buys Ark Spot ETF & ProShares Ether ETF Shares appeared first on CoinGape .

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