ARK Sells $28M Grayscale Bitcoin Trust Shares as Bitcoin Nears $43K
Submitted by Anonymous (not verified) on Tue, 12/19/2023 - 10:40ARK Invest offloaded $13M worth of GBTC shares last week.
ARK Invest offloaded $13M worth of GBTC shares last week.
ARK Invest offloaded $13M worth of GBTC shares last week.
Digital asset manager Grayscale's bitcoin investment vehicle's shares fell 8.6% Monday, reflecting the day's 5.8% drop in bitcoin.
Digital asset manager Grayscale's bitcoin investment vehicle's shares fell 8.6% Monday, reflecting the day's 5.8% drop in bitcoin.
ARK has been consistently selling Coinbase stock in recent weeks.
ARK has been consistently selling Coinbase stock in recent weeks.
The fundamentals of investing give an answer, and the impact from BTC ETFs from the likes of BlackRock and Fidelity could be huge.
The fundamentals of investing give an answer, and the impact from BTC ETFs from the likes of BlackRock and Fidelity could be huge.
ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF.
ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF.
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