{"id":137832,"date":"2024-09-24T17:00:36","date_gmt":"2024-09-24T14:00:36","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137832"},"modified":"2024-09-24T14:48:38","modified_gmt":"2024-09-24T11:48:38","slug":"ark-invest-offloads-2-8-million-in-bitcoin-etf-shares","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ark-invest-offloads-2-8-million-in-bitcoin-etf-shares\/","title":{"rendered":"Ark Invest Offloads $2.8 Million in Bitcoin ETF Shares"},"content":{"rendered":"
In total, Ark Invest has now divested<\/a><\/strong> $17.5 million from the Bitcoin<\/a><\/strong> ETF, including $7.8 million in ARKB shares sold in July.<\/p>\n The company\u2019s investment strategy mandates that no single stock should exceed 10% of the ETF\u2019s portfolio, a practice aimed at maintaining diversification within its funds.<\/p>\n That suggests Ark will likely continue to rebalance its asset allocation if ARKB appreciates relative to its other investments.<\/p>\n