Cathie Woods’ ARK Buys 315K Shares in Grayscale’s Bitcoin Trust

Cathie Woods’ ARK Buys 315K Shares in Grayscale’s Bitcoin Trust

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Ark Investment Management purchased 315,259 shares worth about $2.8 million in the Grayscale Bitcoin Trust (GBTC) with GBTC currently trading near a record discount to net asset value (NAV) following FTX’s collapse. Grayscale and CoinDesk are both owned by the same parent company, Digital Currency Group.

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