Cathie Wood’s asset management firm Ark Invest continues to offload parked holdings in ProShares Bitcoin Strategy ETF (BITO) to invest in its newly launched Ark 21Shares spot Bitcoin ETF (ARKB). ETF experts believe it could be a matter of time before Ark Invest brings its active fund management strategy to entire crypto exchange-traded funds (ETFs). The post Just-In: Ark Invest Purges ProShares BITO & AMD To Buy Over 1 Bln ARKB Spot Bitcoin ETF appeared first on CoinGape .