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Cathie Wood Buys Bitcoin Futures ETF; SEC Approves 11 Spot Bitcoin ETFs

Just before 2023 ended, ARK Invest CEO Cathie Wood sold all of the company's remaining Grayscale Bitcoin Trust (GBTC) holdings. The firm's Next Generation… ....

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Cathie Wood Buys Bitcoin Futures ETF; SEC Approves 11 Spot Bitcoin ETFs

Just before 2023 ended, ARK Invest CEO Cathie Wood sold all of the company's remaining Grayscale Bitcoin Trust (GBTC) holdings. The firm's Next Generation Internet Fund (ARKW) sold 2.25 million shares of GBTC and used some of those holdings to purchase 4.32 million shares of the ProShares Bitcoin Strategy ETF (BITO). While both GBTC and BITO track the price of Bitcoin with futures, GBTC is slightly different from BITO in terms of its relationship with spot Bitcoin exchange-traded funds (ETFs). I ....

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Cathie Wood Buys Bitcoin Futures ETF: Will Spot BTC ETFs Get Approved This Week?

Just before 2023 ended, ARK Invest CEO Cathie Wood sold all of the company's remaining Grayscale Bitcoin Trust (GBTC) holdings. The firm's Next Generation Internet Fund (ARKW) sold 2.25 million shares of GBTC and used some of those holdings to purchase 4.32 million shares of the ProShares Bitcoin Strategy ETF (BITO). ....

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Caleb James DeLisle: Co-founder at PKT Explains how they've Used Blockchain Tech to Pay Users for Contributing Unused Internet Bandwidth

Caleb James DeLisle: Co-founder at PKT explains how they've used blockchain tech to pay users for contributing unused Internet bandwidth. ....

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