Tag: GBTC
-
Cathie Wood’s ARK Invest Just Took a Big Position in BITO
For quite some time, we’ve been talking about using the ProShares Bitcoin Strategy ETF (BITO) to benefit from the rise of Bitcoin (BTC). We’ve noted, “BITO mimics the price of Bitcoin as closely as possible without investing in the cryptocurrency itself. As noted by Money, “Like all crypto ETFs, part of the allure of BITO…