BREAKING: Cathie Wood’s Ark Invest Sells Entire Grayscale Bitcoin Trust (GBTC) Holdings to Purchase BTC Futures ETF – Is a $30,000 Correction on the Horizon?
Ark Invest divests completely from Grayscale Bitcoin Trust (GBTC) in its ARKW portfolio, opting for a shift towards Bitcoin futures through ProShares’ Bitcoin Strategy ETF ($BITO). Ark Invest, as part of its portfolio rebalancing, sold 148,885 shares of Coinbase and reinvested around $92 million in ProShares Bitcoin Strategy ETF ($BITO). In a significant development in […