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Ark Invest Buys Grayscale, Coinbase During Bitcoin Price Drop

Ark Invest Buys Grayscale, Coinbase During Bitcoin Price Drop



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9 Comments

  1. “Ark Invest bought more than 1 million **shares of** Grayscale’s Bitcoin Trust and about 215,000 **shares of** crypto exchange Coinbase”

    The title makes it sound like they bought the whole companies.

  2. tldr; Ark Invest bought more than 1 million shares of Grayscale’s Bitcoin Trust and about 215,000 shares of crypto exchange Coinbase on Tuesday, according to reports. The New York-based firm, which offers eight ETFs in the US, added the shares to its Ark Next Generation Internet ETF and the Coinbase shares to the Ark Innovation ETF.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  3. TLDR
    Grayscale has some % of BTC
    Crazy Cathy thought she would like some grayscale.

    So a fraction of interest in Bitcoin ETF adopted by a investment clown.

    Broken clocks are right twice a day.

    It’s almost silly how much focus she gets.

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