Cathie Wood’s Ark Invest Sells $25M Worth of Coinbase and $3.5M in GBTC, Bitcoin in Focus
Per recent reports, Ark Invest has sold a significant portion of its GBTC shares from its Next Generation Internet fund. Ark Invest’s CEO, Cathie Wood, is convinced that a Bitcoin spot ETF approval by the SEC will be the final seal for institutional investors. Per recent reports, Ark Invest has sold shares worth $3.5 million […