ARK Invest Says U.S. Spot Bitcoin ETF Investors Returned to Profit in September

Investors in U.S. spot Bitcoin exchange-traded funds returned to profit in September as Bitcoin climbed about 43% in the third quarter.Cointelegraph reported on Oct. 16 that holders of U.S. spot Bitcoin ETFs had moved back into profit in September based on unrealized gains and losses.Bitcoin rose about 43% during the third quarter, helping restore profitability for ETF investors.The analysis shows how rising Bitcoin prices changed the profitability of spot ETF holders.