In light of the recent market upsurge caused by speculation about the launch of a spot BTC ETF, ARK Investment led by Cathie Wood sold shares of the Grayscale Bitcoin Trust (GBTC). The ARK Next Generation Internet ETF (ARKW) sold 100,739 GBTC shares on 23 October for $2.5 million. This
Valkyrie Investments, the largest fund in the cryptocurrency industry, stated on December 28 that it had proposed to become the “sponsor and manager” of Grayscale’s Bitcoin (GBTC). Grayscale BTC is one of the biggest Bitcoin investment funds, which is now valued at 643,572 BTC ($10.6 billion). However, Grayscale’s Bitcoin Trust
Bitcoin (BTC) fails in surpassing $50K amidst recent surfacing back. Many factors prevail as major reasons for BTC plunging down. Three major factors altogether play vital for BTC price downfall. After suffering immensely upon the crypto market crash, Bitcoin (BTC) surged back evidently. During this full period till last BTC
