ARK Invest Sells $6 Million in Grayscale Bitcoin Trust Shares
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Cathie Wood's ARK Invest sold over $6M worth of Grayscale Bitcoin Trust (GBTC) shares on Nov. 10.
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The shares were sold from ARK's Next Generation Internet ETF (ARKW).
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The sale was 201,047 shares valued at $6.03M based on closing price.
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GBTC remains the largest holding of ARKW at 9.97% weighting, worth about $132M.
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The sale followed smaller sales earlier in the week totaling around $5.7M.