Cathie Wood Dumps Over $6M Grayscale Bitcoin Fund This Week As Bitcoin Rallies About 14%, While Amassing $12.4M Worth Of This Crypto-linked Stock

Cathie Wood Dumps Over $6M Grayscale Bitcoin Fund This Week As Bitcoin Rallies About 14%, While Amassing $12.4M Worth Of This Crypto-linked Stock

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Ark Invest sold more Grayscale Bitcoin Trust GBTC units on Friday, as the fund recovered this week amid a rally in its underlying asset Bitcoin BTC/USD. What Happened: On Friday, the Cathie Wood-led firm’s Ark Next Generation Internet ETF ARKW sold 66,342 units of GBTC, valued at $1.66 million…

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