According to TechFlow, Cathie Wood's ARK Invest sold 163,722 shares of Grayscale Bitcoin Trust (GBTC) last week, earning $5.02 million at the closing price, while GBTC's negative premium rate narrowed to 8.6% on Friday, the lowest level since July 2021.
The ARKW ETF sold 579,077 shares in November, earning about $16.9 million based on the closing price of the day. ARK Invest typically buys crypto-related shares when they fall and sells them for profit when the shares rise.
