Tags: GBTC

ARK Invest Sells Another $5.52M in Coinbase Shares as COIN Surges 107 Since November

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations.

Ark Invest Dumps Nearly $13 Million in GBTC Shares Amid Broader Market Sell-Off

Cathie Wood’s Ark Invest Continues to Dump Coinbase and GBTC Shares

Cathie Wood’s Ark Capitalizes on Bitcoin Rally, Sells Millions in Coinbase and GBTC Shares

Cathie Wood’s ARK Invest has sold another 43,956 Coinbase shares as the stock hits an 18-month high at $119.7 per share.

Bitcoin funding rates are in classic bull market territory, but can BTC price upside sustain as macro volatility triggers line up?

Cathie Wood’s ARK Invest has continued accumulating Robinhood shares while dumping Grayscale Bitcoin Trust shares.

There’s an eight day window between Nov. 9 and Nov. 17 where all 12 spot Bitcoin ETF filings could be approved by the SEC, according to Bloomberg ETF analysts James Seyffart and Eric Balchunas.

The stars are lining up for Bitcoin price, but a few major price threats remain in play.

ProShares and Grayscale lead a surge of activity in Bitcoin investment products, with analysis confident of implied demand for a Bitcoin spot ETF.

Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment.

Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications.

Bitcoin analysis flags liquidity waiting in the wings above and below the current BTC price range, while GBTC erases more of its discount.