Senior ETF analyst Eric Balchunas, on social media platform X, announced that ARK Investment Management sold its remaining GBTC (Grayscale Bitcoin Trust) position. This strategic move comes just a month after GBTC claimed the title as ARKW’s most significant holding. Notably, ARK has swiftly reinvested approximately $100 million into $BITO, the ProShares Bitcoin Strategy ETF, The post Breaking: ARK Invest Sells GBTC, Invests $100 Million in BITO ETF appeared first on Coin Edition .