Cathie Wood’s ARK Invest Sells Another $24M of COIN Shares, $14.3M GBTC

While GBTC’s discount to net asset value widened slightly, just 0.33 percentage points, Wednesday to 7.9%, it’s still well below the 12.5% it touched earlier this month and holding near the narrowest since August 2021, according to Ycharts data. Bitcoin, meantime, rallied 3.3%, crossing $44,000 for the first time in 10 days yesterday, CoinDesk Indices data show.

Source: https://www.coindesk.com/markets/2023/12/21/ark-invest-coinbase-share-sale-takes-december-total-close-to-200m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines