Ark Invest sold 44,609 shares of ARKB stock. Bitcoin Bitcoin
-0.00%
According to the company’s disclosures, ARKB is still the second-largest holding in the ARKW fund, with a 9.93% weighting, worth $139.7 million as of September 24. This is about 5% of the total $2.9 billion in physical Bitcoin ETF assets, according to The Block’s ARK 21Shares Bitcoin ETF page. Tesla stock is the largest holding in the ARKW fund, at 10.15%, worth $142.9 million.
According to TradingView, ARKB was trading at $63.25 at the close of trading on Monday, up 0.8% on the day and up 26.5% since the start of the year. Bitcoin was trading sideways, up 0.3% over the last 24 hours, at $63,676, according to The Block’s Bitcoin Price Page.
ARKB/USD price chart. Image: TradingView.
Spot Bitcoin ETFs in the U.S. saw net inflows of $4.5 million on Monday, extending their recent positive streak to three days, bringing total inflows to over $250 million.
Meanwhile, the US spot Ethereum ETF saw its biggest net buy since late July, with $79.3 million flowing out of the fund yesterday.
Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.
© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.