ARK Invest has closed its BITO position
According to BlockBeats, on April 26, CoinDesk reported that Cathie Wood's ARK Invest sold its last batch of shares in the ProShares Bitcoin Strategy ETF (BITO) on Thursday, selling 237,983 shares of BITO at a closing price of $28.22 through ARKW, worth $6.7 million.
At the same time, its ARK 21Shares Bitcoin ETF (ARKB) is currently the fund's largest holding, holding 2,480,644 shares, worth $160.6 million based on Thursday's closing price of $64.76. This accounts for 10.4% of the fund's total value.