ARK Invest is continuing to move away from ProShares Bitcoin Strategy ETF, (BITO), and towards its newly listed spot bitcoin ETF.

A trading disclosure sent on January 18 shows that the ARK Next Generation Internet ETF sold 758.915 shares worth about $15 million and purchased 365.695 shares of ARKB (its own bitcoin ETF), also worth $15 millions.

On Wednesday , the fund swapped similar amounts BITO with ARKB.

CoinDesk reported previously that ARK had sold its holdings of GBTC to acquire BITO, anticipating approval of spot Bitcoin ETFs in America. The plan is to exchange BITO into a spot Bitcoin ETF once approved, making this move expected.

Parikshit Miishra is the editor.