Cathie Wood, CEO at ARK Investment Management has spoken with Bloomberg about adjustments in the ARK Next Generation Internet ETF. ARK Invest offloaded its 2.25 million shares in the Grayscale Bitcoin Trust (GBTC) and acquired 4.32 million shares of the ProShares Bitcoin Strategy ETF.
In his year-end reflections, Richard Teng, who assumed the CEO role at Binance on November 21 after Changpeng Zhao ("CZ") stepped down amid legal issues in the U.S., highlighted the company's 2023 achievements.
A New York judge agreed with the Securities and Exchange Commission (SEC) that Terraform Labs and its co-founder, Do Hyeong Kwon, had engaged in the offering and sale of unregistered securities.
Top stories in the Crypto Roundup today:
- ARK Invest Sells Remaining 2.25 Million GBTC Shares, Buys 4.32 Million Shares of ProShares ETF
- Binance Manages to Grow Its User Base by 30% to 170 Million
- S. District Court Judge Agrees With SEC That Terraform Labs Sold Unregistered Securities