Last month, "Wood Sister" cleared out the Grayscale Bitcoin Trust that was once touted as the top choice.
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A well-known fund manager, Cathie Wood, has made significant adjustments to the Bitcoin-related assets held by one of her ETFs. She sold the Grayscale Bitcoin Trust and purchased the ProShares Bitcoin Strategy ETF. Wood had praised the Grayscale Bitcoin Trust as her top choice just last month. In addition, the ARK ETF also bought the ARK 21Shares Active Bitcoin Futures Strategy ETF and sold shares of the cryptocurrency exchange Coinbase. The ARK Next Generation Internet ETF has risen by 103% year-to-date.
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