Wu Blockchain (@WuBlockchain): Bloomberg analyst Eric Balchunas said ARK has sold its entire remaining GBTC position (which was ARKW’s largest holding a month ago) and used half of…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Bloomberg analyst Eric Balchunas said ARK has sold its entire remaining GBTC position (which was ARKW’s largest holding a month ago) and used half of the roughly $100 million to buy BITO, likely as a liquidity bridge tool. BITO is a Bitcoin futures ETF launched by ProShares in…