Cathie Wood's Ark Invest sold 42,613 shares of Coinbase and 100,739 shares of GBTC on Monday amid an ongoing crypto rally.
Cathie Wood's Ark Invest sold 42,613 shares of Coinbase and 100,739 shares of Grayscale Bitcoin Trust on Monday amid an ongoing bitcoin-led crypto rally.
The sales came as Coinbase and GBTC share prices rose amid an ongoing crypto rally. Bitcoin surged to over $35,000 Monday night as anticipation builds around the potential approval of spot bitcoin ETFs. BlackRock's highly anticipated spot bitcoin ETF, the iShares Bitcoin Trust, appeared on a list maintained by the Depository Trust and Clearing Corporation on Monday, suggesting approval could be on the way.
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