Bottom Picker Cathie Wood Continues Bitcoin Sales!

As it is known, Bitcoin (BTC) bull Cathie Wood's company, Ark Invest, has been collecting Coinbase and Robinhood shares for a long time.

Apart from Coinbase and Robinhood, Ark Invest also holds shares of Grayscale Bitcoin Trust (GBTC).

Ark Invest, which has been selling in recent weeks, has made another share sale again.

According to Coindesk, ARK Invest sold 163,722 Grayscale Bitcoin Trust (GBTC) shares, making $5.02 million at closing prices.

While these sales occurred from GBTC shares in the Next Generation Internet ETF (ARKW), the total number of shares sold in ARKW in November increased to 579,077.

At this point, Ark Invest earned approximately $16.9 million from the sales in November, based on the closing price of the relevant stock.

*This is not investment advice.