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coinpedia 2023-12-28 08:46:28

Cathie Wood’s ARK Invest Makes Strategic Shift from GBTC to BITO

The post Cathie Wood’s ARK Invest Makes Strategic Shift from GBTC to BITO appeared first on Coinpedia Fintech News ARK Invest, led by the visionary Cathie Wood, has recently liquidated its stake in Grayscale Bitcoin Trust (GBTC) and reallocated a significant portion of these funds into the ProShares Bitcoin Strategy ETF (BITO). From GBTC to BITO: Understanding ARK’s Strategy Until a month ago, GBTC was the flagship holding of ARK Invest, occupying a central …

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