Ark Invest has sold $6.9 million worth of shares from its spot Bitcoin ETF, ARKB, as part of a strategy to rebalance its portfolio. The firm offloaded 108,751 shares, reflecting a proactive approach to managing its investments in the volatile crypto market. This move comes at a time when Bitcoin's price has shown fluctuations, and Ark Invest continues to adjust its holdings to align with market conditions.Read more on The Block
Ark Invest Sells Shares of Bitcoin ETF Amid Market Adjustments
