Cathie Wood’s Ark Invest dumps GBTC for BITO; Meme Moguls token sale gathers pace
Cathie Wood’s investment firm Ark Invest has sold all of the Grayscale Bitcoin Trust (GBTC) shares it held. The firm bought 4.32 million of the ProShares Bitcoin Strategy ETF (BITO). Meanwhile, the presale of new meme-based assets platform Meme Moguls has continued to attract investors. Ahead of what could be a spectacular start to the year for crypto, Cathie Wood’s firm Ark Invest is making moves in the market with relation to its crypto related holdings. Elsewhere, investors lifted by the recent developments in the sector are taking notice of potentially profitable positions. Among projects making waves in Meme Moguls, a token in presale that’s likely to dominate the forecast $6.1 billion meme market industry. Cathie Wood’s Ark sells GBTC, buys BITO One of the news headlines today is the move by asset management firm Ark Invest. According to details reported by Reuters, the Cathie Wood firm offloaded all of its Grays...