Elon Musk Goes 'Wow' After Ark Invest CEO Cathie Wood Points Out Bitcoin Is 'Backed By The Largest Comput – Benzinga

January 20, 2024 4:03 AM | 2 minute read 2024 Breaking News: SEC approves Bitcoin ETF! Over 30,000 investors trust our exclusive reports for cryptocurrency insights, 3 new stock ideas every week, and in-depth analysis. Get your weekly report now! billionaire Elon Musk later expressed surprise Ark Investment CEO Cathie Wood pointed it out Bitcoin […]
Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF – Cointelegraph

Grayscale's Spot Bitcoin (BTC) Exchange Traded Fund (ETF)'s discount rate narrowed to its lowest level in nearly three years, causing investors to rush out of the fund over the past three days. The transaction took an estimated $1.1 billion out of the fund. There was an estimated outflow of $594 million on the third day […]