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

Whereas GBTC’s low cost to internet asset worth widened barely, simply 0.33 share factors, Wednesday to 7.9%, it is nonetheless nicely under the 12.5% it touched earlier this month and holding close to the narrowest since August 2021, in accordance with Ycharts knowledge. Bitcoin, meantime, rallied 3.3%, crossing $44,000 for the primary time in 10 days yesterday, CoinDesk Indices knowledge present.