Bitcoin ETFs Surge As Cathie Wood Dumps Grayscale Trust

3 years ago 57

Cathie Wood, Ark Investment Management LLC�s star fund manager and founder, has overhauled her�Bitcoin-related holdings in one of her flagship exchange-traded funds (ETFs). The�ARK Next Generation Internet ETF�(ARKW) sold all of its shares in the�Grayscale Bitcoin Trust�(GBTC) on Wednesday,...

Bitcoin ETFs Surge As Cathie Wood Dumps Grayscale TrustCathie Wood, Ark Investment Management LLC�s star fund manager and founder, has overhauled her�Bitcoin-related holdings in one of her flagship exchange-traded funds (ETFs). The�ARK Next Generation Internet ETF�(ARKW) sold all of its shares in the�Grayscale Bitcoin Trust�(GBTC) on Wednesday, December 27, 2023. GBTC is a private trust holding Bitcoin and issuing shares that trade on [�]


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