Bitcoin (BTC) $86,447.65 0.59%
Ethereum (ETH) $2,744.57 -0.40%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 117.424745 -0.70%
Chainlink (LINK) $13.05 0.01%
Cardano (ADA) $0.25 2.93%
Litecoin (LTC) $61.38 -2.29%
Dash (DASH) $59.65 -0.48%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.472752 -0.16%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -0.54%

Cryptocurrencies: 30085

Markets: 114519

Market Cap: $2,930,211,925,383

24h Vol: $119,585,384,673

Coin-turk.com

2023-10-24 17:14:16

ARK’s Decision to Sell GBTC Amidst Market Volatility: Why Did They Do It?

ARK’s Decision to Sell GBTC Amidst Market Volatility: Why Did They Do It?

Renowned investment firm ARK is selling Grayscale Bitcoin Trust (GBTC) shares in the midst of market fluctuations fueled by the expectation of a spot BTC exchange-traded fund (ETF). ARK, managed by Bitcoin advocate Cathie Wood, sold 100,739 GBTC shares from the ARK Next Generation Internet ETF in transactions conducted on October 23.The post ARK’s Decision to Sell GBTC Amidst Market Volatility: Why Did They Do It? appeared first on COINTURK NEWS.

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