On Wednesday, Cathie Wood-led Ark Invest made a significant move in the cryptocurrency space, purchasing over $92 million worth of ProShares Bitcoin Strategy ETF (NYSE:BITO). This trade comes amidst a dynamic period in the crypto market, aligning with Ark Invest’s strategic adjustments in response to evolving market conditions. The ProShares Bitcoin Strategy ETF Trade Ark purchased 4,320,928 units of BITO through ARK Next Generation Internet ETF (NYSE:ARKW) on Wednesday. For the day, BITCO closed 3.2% higher at $21.31. The transaction was valued at $92.08 million. Ark Invest’s acquisition of t…

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