Cathie Wood’s Ark Invest liquidated 42,613 Coinbase shares and 100,739 Grayscale Bitcoin Trust (GBTC) shares, amounting to $5.8 million in value, amid the ongoing cryptocurrency rally driven by Bitcoin. Ark’s exchange-traded funds (ETFs), including Next Generation Internet and Fintech Innovation, disposed of 32,158 and 10,455 Coinbase shares, respectively. Additionally, ARKW sold off its entire holding of 100,739 GBTC shares, as confirmed by the fund manager’s trading desk. Simultaneously, Bitcoin surged past the $35,000 mark on Monday evening, with investors eagerly anticipating the approval of spot Bitcoin exchange-traded products.
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