Cathie Wood's ARK Fund Exits Grayscale Bitcoin Trust Ahead Of SEC Decision, Citing 'Abundance Of Caution'
One of Cathie Wood’s funds, the ARK Next Generation Internet ETF ARKW, has offloaded its entire stake in the Grayscale Bitcoin Trust GBTC ahead of the U.S. Securities and Exchange Commission's (SEC) decision on Bitcoin ETFs. What Happened: Wood's fund offloaded the remaining 2.25 million Grayscale…
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