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$110,827.00 -0.54962
Bitcoin price
Ethereum
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$4,401.54 0.26827
Ethereum price
BNB
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$849.01 -0.64819
BNB price
Solana
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$208.21 -1.21048
Solana price
XRP
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$2.84 -0.34808
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Shiba Inu
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$0.0000122 -1.66281
Shiba Inu price
Pepe
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$0.0000096 -1.75481
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Bonk
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$0.0000197 -4.09001
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dogwifhat
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$0.793219 -1.1034
dogwifhat price
Popcat
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$0.242025 -3.99695
Popcat price
Bitcoin
Bitcoin (BTC)
$110,827.00 -0.54962
Bitcoin price
Ethereum
Ethereum (ETH)
$4,401.54 0.26827
Ethereum price
BNB
BNB (BNB)
$849.01 -0.64819
BNB price
Solana
Solana (SOL)
$208.21 -1.21048
Solana price
XRP
XRP (XRP)
$2.84 -0.34808
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000122 -1.66281
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 -1.75481
Pepe price
Bonk
Bonk (BONK)
$0.0000197 -4.09001
Bonk price
dogwifhat
dogwifhat (WIF)
$0.793219 -1.1034
dogwifhat price
Popcat
Popcat (POPCAT)
$0.242025 -3.99695
Popcat price
Bitcoin
Bitcoin (BTC)
$110,827.00 -0.54962
Bitcoin price
Ethereum
Ethereum (ETH)
$4,401.54 0.26827
Ethereum price
BNB
BNB (BNB)
$849.01 -0.64819
BNB price
Solana
Solana (SOL)
$208.21 -1.21048
Solana price
XRP
XRP (XRP)
$2.84 -0.34808
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000122 -1.66281
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 -1.75481
Pepe price
Bonk
Bonk (BONK)
$0.0000197 -4.09001
Bonk price
dogwifhat
dogwifhat (WIF)
$0.793219 -1.1034
dogwifhat price
Popcat
Popcat (POPCAT)
$0.242025 -3.99695
Popcat price
Bitcoin
Bitcoin (BTC)
$110,827.00 -0.54962
Bitcoin price
Ethereum
Ethereum (ETH)
$4,401.54 0.26827
Ethereum price
BNB
BNB (BNB)
$849.01 -0.64819
BNB price
Solana
Solana (SOL)
$208.21 -1.21048
Solana price
XRP
XRP (XRP)
$2.84 -0.34808
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000122 -1.66281
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000096 -1.75481
Pepe price
Bonk
Bonk (BONK)
$0.0000197 -4.09001
Bonk price
dogwifhat
dogwifhat (WIF)
$0.793219 -1.1034
dogwifhat price
Popcat
Popcat (POPCAT)
$0.242025 -3.99695
Popcat price

Cathy Wood’s ARK Invest trusts Grayscale despite lack of transparency: $1.7M invested

News
Cathy Wood’s ARK Invest trusts Grayscale despite lack of transparency: $1.7M invested

Ark Investment Management — the investment firm headed by Cathie Wood — bought 189,000 shares in Grayscale’s Bitcoin Trust (GBTC) on Monday.

Ark’s GBTC holdings data shows that its number of shares increased from 6.357 million shares to 6.546 shares on Monday, indicating that the company acquired about 189,000 shares. As of press time, this number of shares translates to $1.69 million worth of Grayscale Bitcoin Trust shares.

This follows another purchese of 315,259 GBTC shares worth $2.8 million last week as the shares continue trading at a significant discount compared to the Bitcoin that Grayscale claims is backing them. As of press time, GBTC is trading at a 42.62% discount.

The news follows a recent announcement by Grayscale that it will not share any proof of its Bitcoin reserves “due to security concerns” concerning sharing “on-chain wallet information and confirmation data.” The company admitted that it would be a “disappointment to some,” but suggested that the ongoing “panic sparked by others is not a good enough reason to circumvent complex security arrangements.”