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Cryptopolitan 2023-12-28 18:17:22

Ark Invest sells its remaining $200 million GBTC holdings

ARK Invest, spearheaded by the influential Cathie Wood, has recently undertaken significant adjustments in its investment portfolio, signaling strategic moves within the rapidly evolving cryptocurrency landscape. On December 28, the institutional asset management firm decided to liquidate its entire remaining holdings in the Grayscale Bitcoin Trust (GBTC), amounting to a substantial $200 million. This move

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