Bitcoin ETFs Surge As Cathie Wood Dumps Grayscale Trust

11 months ago 25

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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