ARK Invest Sold $6M in GBTC Shares Amid Last Week's Rally
Cathie Wood's ARK Invest sold over 200,000 shares in Grayscale Bitcoin Trust (GBTC) amid the Bitcoin investment vehicle's 10% rally last week. The shares were valued at $6.03 million; GBTC remains the largest holding of ARK's Next Generation Internet ETF. This sale followed smaller transactions totaling about $5.7 million earlier in the week.
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ARK Invest Sold $6M in GBTC Shares Amid Last Week's Rally
Cathie Wood's ARK Invest sold over 200,000 shares in Grayscale Bitcoin Trust (GBTC) amid the Bitcoin investment vehicle's 10% rally last week. The shares were valued at $6.03 million; GBTC remains the largest holding of ARK's Next Generation Internet ETF. This sale followed smaller transactions totaling about $5.7 million earlier in the week.