image (175)edit

According to a subscription to the firm’s trade activity, Cathie Wood’s ARK Invest purchased an additional 310,067 shares of the Grayscale Bitcoin Trust (GBTC) yesterday. The shares were worth approximately $7.8 million at the time of purchase.

Don’t miss out on how smart money is playing the crypto game. Subscribe to our premium newsletter – Crypto Investor.

ARK used its ARKW ETF to purchase the shares, adding 310,067 shares to its existing 8,845,921 holdings, bringing the weighting of GBTC in the ETF to just over 4.1%.

Source link

Leave a Reply

Your email address will not be published.