Cathie Wood’s Ark Invest offloaded a chunk of its Grayscale Trust (GBTC) shares since November’s Bitcoin (BTC) price lows, the latest data shows.
Ark Invest added 450,272 GBTC shares worth $4.5 million to its ARK Next Generation Internet ETF (ARKW) in November 2022. At the time, GBTC was trading in the $7.46-$9.48 range versus $12.25 in January 2023.
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