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Cathie Wood's ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings

The investment fund bought $9.2 million worth of BITO shares and also sold $27.6 million worth of Coinbase stock.

Updated Mar 8, 2024, 7:11 p.m. Published Dec 28, 2023, 10:17 a.m.
New York Stock Exchange with banner flagging ProShares Bitcoin Strategy ETF on the day it started trading.
(Cheyenne Ligon/CoinDesk)