Cathie Wood's ARK Sold $6M of Grayscale Bitcoin Trust Shares Amid Rally
Submitted by Anonymous (not verified) on Mon, 11/13/2023 - 13:40ARK offloaded 201,047 GBTC shares, worth around $5.9 million, from its Next Generation Internet ETF.
ARK offloaded 201,047 GBTC shares, worth around $5.9 million, from its Next Generation Internet ETF.
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network.
Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.
Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.
Bitcoin's momentum is attributed to anticipation of the U.S. Securities and Exchange Commission (SEC) finally approving a spot bitcoin ETF.
Copyright © 2025, www.bitcoin-trader.org | Contact