Cathie Wood’s ARK Invest Fund Dumps Grayscale Bitcoin Trust (GBTC) Shares Ahead of Looming ETF Decision: Report

Cathie Wood’s ARK Invest Fund Dumps Grayscale Bitcoin Trust (GBTC) Shares Ahead of Looming ETF Decision: Report

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An exchange-traded fund (ETF) managed by Cathie Wood’s ARK Invest has reportedly liquidated all of its holdings in crypto giant Grayscale’s flagship Bitcoin (BTC) trust product. According to Bloomberg, the ARK Next Generation Internet ETF unloaded its remaining 2.25 million shares of the Grayscale…

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