{"id":36501,"date":"2021-02-16T10:43:00","date_gmt":"2021-02-16T08:43:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36501"},"modified":"2025-08-29T06:39:38","modified_gmt":"2025-08-29T03:39:38","slug":"ark-invest-boosts-gbtc-stake-to-7-31-million-shares","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ark-invest-boosts-gbtc-stake-to-7-31-million-shares\/","title":{"rendered":"ARK Invest boosts GBTC stake to 7.31 million shares"},"content":{"rendered":"<p>In the fourth quarter of 2020, asset manager ARK Invest bought 2.14 million shares of Grayscale Bitcoin Trust (GBTC). The <a href=\\\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1697748\/000110465921021679\/xslForm13F_X01\/infotable.xml\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">data on the SEC site<\/a> show this.<\/p>\n<p>In October 2020, ARK Invest owned 5.17 million GBTC shares. After further purchases of GBTC in the fourth quarter, the total rose to 7.31 million.<\/p>\n<p>As of writing, ARK Invest&#8217;s GBTC assets were valued at $357.5 million.<\/p>\n<p>GBTC shares rose 222% in the fourth quarter and 39% since the start of 2021. During the same period, the price of Bitcoin climbed 177% and 63.1%, respectively.<\/p>\n<p>In February, Grayscale Investments <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-investments-assets-under-management-exceed-30-billion\">surpassed $30 billion<\/a> in assets under management.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the fourth quarter of 2020, asset manager ARK Invest purchased 2.14 million shares of Grayscale Bitcoin Trust (GBTC). Data from the SEC site show this.<\/p>\n","protected":false},"author":1,"featured_media":36502,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1218,1214,943],"class_list":["post-36501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ark-invest","tag-grayscale-bitcoin-trust","tag-grayscale-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36501"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36501\/revisions"}],"predecessor-version":[{"id":36503,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36501\/revisions\/36503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36502"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}