The leading cryptocurrency Bitcoin (BTC) continues to recover recently, with the price being above 88 thousand dollars.
While the uncertainty remains whether the rise in BTC is permanent or temporary, a new buy and sell news came from Ark Invest, the company of Bitcoin supporter Cathie Wood.
According to the Chinese journalist Wu Blockchain’s post***, Ark Invest sold Bitcoin ETF shares, Robinhood (HOOD) and Solana (SOL) bought the ETF.***
At this point, Ark Invest continues to rebalance its investment portfolio, most recently selling 31,817 ARK 21Shares Bitcoin ETF shares worth approximately $2.7 million from the ARKW fund.
The company also purchased 60,266 Robinhood shares worth approximately $2.45 million through ARKK.
Ark Invest also purchased 500,000 shares of the 3iQ Solana Staking ETF through the ARKF and ARKW funds, earning approximately $5.2 million in total.
During the writing, Bitcoin is continuing to trade at $88,400, while Solana is trading at $140.
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