ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares – Yahoo Finance

ARK Investment Management LLC has sold off its remaining shares of the ProShares Bitcoin Strategy ETF, according to a report from Yahoo Finance. The investment firm has officially divested from the Bitcoin futures ETF, signaling a strategic shift in their investment approach.ARK’s decision to sell off its shares comes amidst a backdrop of increased volatility in the cryptocurrency market. The move reflects the firm’s commitment to adapting to changing market conditions and adjusting their investment strategies accordingly.ARK’s decision to sell off its remaining shares of the ProShares Bitcoin Strategy ETF marks the end of their involvement in the fund, as they have now fully divested from it. The firm’s actions serve as a reminder of the importance of staying agile and responsive in the ever-evolving world of investments.

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