ARK Invest Shifts Billions from BITO to ARKB Bitcoin ETF
- ARK Invest continues shifting out of BITO and into its own ARKB bitcoin ETF
- On Jan. 18, ARKW sold $15M worth of BITO shares (758,915)
- ARKW bought $15M worth of ARKB shares (365,695) on the same day
- ARK made a similar BITO/ARKB swap on Wednesday
- ARK previously sold GBTC and bought BITO, planning to swap BITO for a spot bitcoin ETF upon approval