Third Bitcoin ETF Ark 21Shares Successfully Hits $1 Billion Milestone

Ark Invest’s ARKB ETF Surpasses $1 Billion in Bitcoin Holdings

On February 9, Ark Invest announced that its ARKB ETF had reached a significant milestone, surpassing $1 billion in Bitcoin holdings. The company hailed this achievement as a testament to the growing trust and interest in digital assets. Bloomberg ETF analyst James Seyffart commented on the milestone, suggesting that Ark had a substantial flow day on Friday. He also mentioned that Bitwise’s BITB is currently valued at around $830 million, indicating that they are not far behind ARKB.