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Cathie Wooden Is going Large Into ProShares Bitcoin, Dumps Grayscale

Cathie Wooden Is going Large Into ProShares Bitcoin, Dumps Grayscale
December 28, 2023



Certainly one of Cathie Wooden’s exchange-traded budget has achieved a large shake-up in its Bitcoin-related holdings because the cryptocurrency rounds out a blockbuster 12 months.The ARK Subsequent Era Web ETF bought all of its final 2.25 million stocks of the Grayscale Bitcoin Consider on Wednesday, in line with information compiled by way of Bloomberg. The similar day, it purchased 4.32 million stocks of ProShares Bitcoin Technique ETF, in line with Ark Funding Control LLC’s day-to-day information, making it the second-biggest holder of the fund.

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