'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today. Cathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO). Plus, Consensys files a lawsuit against the SEC, and bitcoin-centric stablecoin company OpenDelta, raised $2.15 million in a pre-seed round.
Arc sells the last of its Proshares Bitcoin Futures ETF shares and Consensus files a lawsuit against the SEC. You're watching Coin Desk daily, I'm your host, Jen Sani Arc sold the last of its Proshares Bitcoin Futures ETF shares. The investment firm sold 237,983 Bito shares worth $6.7 million from its next generation Internet. ETF Arc bought more than 4 million Bito shares late last year as a short term play in anticipation of the approval of a spot. Bitcoin ETF in the United States.
The development company said on X that the SEC should not be allowed to arbitrarily expand its jurisdiction to regulate the future of the internet by wrongly labeling E as a security and that the S ECs reckless approach is bringing chaos to developers. Market participants and more consensus added that through this lawsuit, it hopes to ensure that Ethereum remains a vibrant and indispensable Blockchain platform and Bitcoin linked stablecoin firm Open Delta has raised just over $2 million.
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ARK Sells Last of Its ProShares Bitcoin Futures ETF SharesJamie Crawley is a CoinDesk news reporter based in London.
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Cathie Wood’s ARK Bitcoin ETF has record $87M outflow, surpassing GBTCARK 21Shares has seen an outflow of $87.5 million on April 2, surpassing that of Grayscale.
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Ark Invest’s spot bitcoin ETF sees daily net outflow of $87 millionArk Invest’s ARKB spot bitcoin ETF sees a net outflow of $87.5 million, surpassing that of Grayscale's ETF.
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Cathie Wood’s ARK Bitcoin ETF Records Daily Outflows Surpassing Grayscale’s GBTCCrypto Blog
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ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First TimeShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
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What is the ARK 21Shares ARKB spot bitcoin ETF?The ARK 21Shares Bitcoin ETF, known as ARKB, is a crypto-focused fund from the investment manager Ark Invest and fintech firm 21Shares.
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