Ark Investment Management purchased 315,259 shares worth about $2.8 million in the Grayscale Bitcoin Trust (GBTC) with GBTC currently trading near a record discount to net asset value (NAV) following FTX’s collapse. Grayscale and CoinDesk are both owned by the same parent company, Digital Currency Group.
Cathie Woods’ ARK Buys 315K Shares in Grayscale’s Bitcoin Trust
