ARK bought over 4 million BITO shares late last year as a short-term play in anticipation of the approval of spot bitcoin ETFs in the U.S., with plans to swap them once the approval came. Following consistent sales in January, ARK has sold the last of its BITO shares in the past week. Cathie Wood's ARK Invest offloaded the last of its shares in ProShares Bitcoin Strategy ETF (BITO) on Thursday.
Open FlipOn April 24, the five KYC Registration Agencies (KRAs) in the Indian Mutual Fund (MF) industry reported that nearly 73 percent of KYC (Know Your Customer) records are classified as ‘KYC validated’, 15 percent of KYC records as ‘KYC Registered’ and the balance 12 percent as ‘KYC On-Hold’. Although the 73 percent number looks impressive, investors, mutual fund distributors and investment advisers.
Open FlipVST Tillers Tractors (VST Tillers) shares rose as much as 5.74 per cent to hit an intraday high of Rs 3,498.80 apiece after the company announced that it has incorporated a step-down subsidiary in the United States. In an exchange filing, VST Tillers said, “We would like to inform that, VST Americas INC, a Wholly Owned Subsidiary of the Company has on April 25, 2024."
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