The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC.
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Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares
Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than
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Institutional selling of crypto reaches longest streak since Feb 2018
CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds.
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Grayscale Considering 31 Crypto Assets for Investment Products
Grayscale Investments is considering 31 crypto assets to add to its family of investment products. The company, with $32.9 billion in crypto assets under management,
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Bitcoin sell pressure may hit zero in July thanks to Grayscale’s giant 16K BTC unlocking
The biggest single unlocking day will flush sellers from the market in July, opening up both volatility and bullish potential.
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Bitcoin sell-off likely played a key role in boosting Gold’s appeal
Investors’ appetite for gold increased as they assessed higher inflation and a major price crash in the Bitcoin market.
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