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ARK has liquidated its GBTC position and bought Bitcoin futures ETF BITO

2023-12-28 10:51:32

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ChainCatcher news, Bloomberg analyst Eric Balchunas tweeted that ARK sold its entire remaining GBTC position (which was the largest holding in ARKW a month ago) and used about half of the funds, around $100 million, to purchase BITO, "likely as a liquidity transition tool."

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ARK GBTC Bitcoin futures BITO

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