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TechFlow news, on July 25, according to The Block, Ark Invest sold 118,209 shares of ARKB's spot Bitcoin ETF on Wednesday through its ARKW fund, worth $7.76 million. This marks the first time the firm has sold ARKB shares since launching its spot Bitcoin ETF in January. According to the latest disclosure, ARKB is now the largest holding in the ARKW ETF, with a weighting of 10.98% as of July 24, higher than Tesla (9.5%), Roku (8.48%), and Coinbase (8.23%).
According to The Block, Ark Invest sold 118,209 shares of ARKB spot Bitcoin ETF through its ARKW fund on Wednesday, worth $7.76 million. This marks the first time the firm has sold ARKB shares since the launch of spot Bitcoin ETFs in January this year. Based on the latest disclosure, ARKB is now the largest holding in the ARKW ETF, with a weighting of 10.98% as of July 24, surpassing positions in Tesla (9.5%), Roku (8.48%), and Coinbase (8.23%).
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