Quantitative trading firm Susquehanna has invested over $1 billion in Bitcoin-related ETFs, including Grayscale, Fidelity, and ProShares, among others.
Renowned author, Robert Kiyosaki, has expressed his disinterest in Bitcoin (CRYPTO: BTC) ETFs, favoring direct ownership of assets over Wall Street’s financial products.
In a significant move on Monday, Cathie Wood-led Ark Invest made a headline-grabbing trade by selling a substantial amount of ProShares Bitcoin Strategy ETF (NYSE:BITO) units and concurrently increasing its stake in the ARK 21Shares Bitcoin ETF (NYSE:
Ark Invest, founded by money manager Cathie Wood, added more units of its own spot Bitcoin (CRYPTO: BTC) exchange-traded fund on Friday, taking the week’s accumulation to $44 million.
On Wednesday, Cathie Wood-led Ark Invest made a significant move in the cryptocurrency space, purchasing over $92 million worth of ProShares Bitcoin Strategy ETF (NYSE:BITO).