Bitcoin (BTC) $66,000.87 -0.22%
Ethereum (ETH) $1,938.28 1.07%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 78.216184 0.75%
Cardano (ADA) $0.18 2.91%
Chainlink (LINK) $8.65 0.33%
Litecoin (LTC) $47.07 -0.40%
Dash (DASH) $33.68 -2.89%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.204339 -2.80%
X-Cash (XCASH) 4.0E-6 0.00%
Dogecoin (DOGE) $0.00 -0.03%

Cryptocurrencies: 29541

Markets: 110357

Market Cap: $2,249,380,045,920

24h Vol: $65,986,428,017

Coin-turk.com

2023-10-24 16:53:41

ARK’s GBTC Choice Creates Shock Effect: Why is the Company Selling GBTC?

ARK’s GBTC Choice Creates Shock Effect: Why is the Company Selling GBTC?

Renowned investment firm ARK is selling Grayscale Bitcoin Trust (GBTC) shares in the midst of market volatility fueled by expectations of a spot BTC exchange-traded fund (ETF) in the markets. 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 GBTC Choice Creates Shock Effect: Why is the Company Selling GBTC? appeared first on COINTURK NEWS.

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