First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase
Bitcoin price remains strong despite ETF outflows. ARK Invest sold all BITO shares. EU adopts tighter laws on money laundering and terrorism financing. [ more ]
ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
ARK Invest is offloading shares of ProShares Bitcoin Trust ETF (BITO) while accumulating its own spot bitcoin ETF.
In the last week, ARK Invest sold over 2 million shares of the BITO ETF, worth around $42.8 million, and purchased over 1.5 million shares of the ARKB ETF, worth approximately $62.3 million. [ more ]
First Mover Americas: MicroStrategy Buys More BTC and ARK Invest Buys BITO
MicroStrategy continues to increase its bitcoin holdings, purchasing an additional 14,620 BTC for $615.7 million.
ARK Invest, led by Cathie Wood, sold its remaining holdings of the Grayscale Bitcoin Trust and purchased shares of the ProShares Bitcoin Strategy ETF. [ more ]