Cathie Wood's Ark Invest Buys $1.5M in Grayscale Bitcoin Trust Shares

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Cathie Wood's Ark Invest Buys $1.5M in Grayscale Bitcoin Trust Shares
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.CathieDWood’s ARKinvest is buying $GBTC in record numbers as the market slumps. It purchased 315,259 $GBTC shares worth $2.8 million last week as it continues to double down in the bear market.

Genesis and Grayscale are both owned by Digital Currency Group, which is also CoinDesk's parent company.on Monday as fresh fears emerged about the financial health of Genesis. The cryptocurrency, however, clawed back to close to $16,000 on Tuesday.

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