Looking To Invest In A Bitcoin Spot ETF? Here’s The Best Next Thing
The refusal of the SEC to approve a Bitcoin Spot ETF has been an ongoing problem for the crypto space. With the approval of multiple Bitcoin Futures ETFs approved last year, it was thought that a Spot ETF would not be far down the line. This has proven to not be the case as the […]
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The US Securities and Exchange Commission (SEC) had on August 11 moved to delay its decision on the ARK 21Shares Spot Bitcoin ETF application. Following this, Cathie Wood’s ARK Invest and 21 Shares has moved to apply for a separate Ethereum futures ETF in what many may consider a double-barreled approach for these firms. ARK Invest Joins Ethereum Futures ETF Race According to a filing with the SEC on August 24, ARK Invest and 21 Shares will act as sub-adviser and sub-sub-adviser respectively, on two separate funds that seek to invest in Ethereum futures contracts. These include the ARK....
Per a document filed with the US Securities and Exchange Commission (SEC), hedge fund Ark Invest filed for the first Ethereum spot Exchange Traded Fund (ETF) in the US. This new filing has directly impacted the ETH price as the ETF narrative gains further influence in the crypto market. Related Reading: JP Morgan Predicts SEC […]
Cathie Wood, the CEO of Ark Invest, in an interview with Yahoo Finance, provided a deep dive into the status and future prospects of a spot Bitcoin ETF. Her detailed insights offer a rare glimpse into the interactions with the Securities and Exchange Commission (SEC). Ark Invest’s SEC Engagement Wood described a significant shift in […]
This is the time of year when many people receive year-end holiday bonuses from their employers. Your bonus can be used for many things: paying off loans, buying yourself something fun, giving to charity, fixing the house, or going on a trip. If you are feeling particularly responsible, you could invest that bonus. But what to invest in? The mainstream....
In what seems to be a significant step forward, ARK Invest/ 21Shares has submitted an updated version of its spot Bitcoin Exchange-Traded Fund (ETF) prospectus. This move follows after the SEC reached out to issuers a few weeks prior with comments and questions about their S-1 filings. Why A Spot Bitcoin ETF Draws Closer Bloomberg’s […]