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Grayscale Leads The Pack With Early Trading Launch Of First Spot Bitcoin ETF, Outpacing Rivals
Thursday, January 11, 2024 - 10:09am | 518The Grayscale Bitcoin Trust (CRYPTO: GBTC), managed by Grayscale, is claiming bragging rights for being the first of the newly approved spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). What Happened: CoinDesk reported on Thursday that GBTC began pre-market trading at 4 am EST, as confirmed by...
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Cathie Wood's Ark Invest Buys Tesla, Meta Shares Amid Market Volatility — Sells Coinbase And Grayscale Bitcoin Trust Shares
Wednesday, December 20, 2023 - 10:49pm | 806On Wednesday, Cathie Wood-led Ark Invest made a significant move in the stock market, notably increasing its stake in Tesla Inc (NASDAQ:TSLA). The Tesla Trade On Wednesday, Ark Invest purchased a total of 111,387 shares of the Elon Musk-led electric vehicle company. The purchase was made through...
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Cathie Wood's Ark Invest Sells $42M Worth Of Coinbase Shares Even As Bitcoin, Ethereum Soar
Thursday, December 14, 2023 - 12:03am | 691In a significant move on Tuesday, Cathie Wood-led Ark Invest executed a notable sale in the cryptocurrency sector, divesting over $42 million worth of Coinbase Global Inc (NASDAQ:COIN) shares. This decision came amidst a volatile cryptocurrency market, where major currencies like Bitcoin (CRYPTO:...
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Cathie Wood's Ark Invest Trims Bitcoin Exposure, Sells $2.9M Worth Of GBTC Shares Amid Crypto Market Volatility
Thursday, December 7, 2023 - 11:10pm | 761On Thursday, Cathie Wood-led Ark Invest made a significant move by selling nearly $2.9 million worth of Grayscale Bitcoin Trust (OTC:GBTC) shares. This decision comes amidst a fluctuating crypto market and Ark’s strategic adjustments in their crypto holdings. Notably, the apex cryptocurrency...
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On The Day Bitcoin Crossed $44K, Cathie Wood's Ark Sells Over $33M In Coinbase Shares And Nearly $5.6M In Grayscale Bitcoin Trust Shares
Tuesday, December 5, 2023 - 11:21pm | 854On Tuesday, Cathie Wood-led Ark Invest made a significant move in the cryptocurrency market, selling over $33 million worth of Coinbase Global Inc (NASDAQ:COIN) shares. This strategic decision comes as the cryptocurrency market experiences a surge, with Bitcoin (CRYPTO: BTC) crossing the $44,000...
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Cathie Wood-Led Ark Invest's Crypto Pivot? Buys $5.6M Worth Of Block Shares, Sells Up Grayscale Bitcoin Trust Holdings
Monday, November 6, 2023 - 11:42pm | 513On Monday, Cathie Wood-led Ark Invest made a significant move by purchasing $5.6 million worth of shares in Block Inc (NYSE:SQ), a company spearheaded by Twitter co-founder Jack Dorsey. The investment firm’s decision comes amidst a broader crypto market rally, signaling a strategic pivot in...
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Grayscale Struggles With Dwindling Investor Interest In Ethereum, Bitcoin Trusts
Tuesday, January 3, 2023 - 1:49pm | 353The Grayscale Ethereum Trust (ETHE) has reached a record discount of 59.39% compared to the price of Ethereum (CRYPTO: ETH), according to data from YCharts. While the fund previously traded at a premium to ETH, it has consistently been at a discount since November 2021. ETHE, which is managed by...