Bitcoin (BTC) $103,904.63 -1.80%
Ethereum (ETH) $2,477.12 -6.16%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 150.885794 -2.18%
Dogecoin (DOGE) $0.18 -7.44%
Cardano (ADA) $0.66 -4.50%
Chainlink (LINK) $13.26 -5.50%
Litecoin (LTC) $85.23 -4.24%
Helium (HNT) 2.994824 0.95%
Polygon (MATIC) 0.25693 2.45%
Dash (DASH) $21.15 -2.50%
X-CASH (XCASH) 3.0E-6 -6.49%

Cryptocurrencies: 26307

Markets: 103788

Market Cap: $3,243,668,241,616

24h Vol: $147,397,847,100

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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