Just before 2023 ended, ARK Invest CEO Cathie Wood sold all of the company's remaining Grayscale Bitcoin Trust (GBTC) holdings. The firm's Next Generation Internet Fund (ARKW) sold 2.25 million shares of GBTC and used some of those holdings to purchase 4.32 million shares of the ProShares Bitcoin Strategy ETF (BITO).
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Cathie Wood , Mark Shifke , Bitcoin Etfs , Digital Currency Group , Grayscale Bitcoin Trust , Bloomberg Television , Generation Internet Fund , Exchange Commission , Next Generation Internet Fund , Proshares Bitcoin Strategy ,
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