The ARK Investment Management spearheaded by Bitcoin fan Cathie Wood has applied for a BTC Exchange-Traded Fund (ETF). The application joins the list of other filings including Kryptoin, WisdomTree, Fidelity, VanEck, and Anthony Scaramucci’s Skybridge Capital. Meanwhile, WisdomTree and VanEck have also filed for Ethereum ETFs.
Specifically, Ark Invest filed with the U.S. Securities and Exchange Commission (SEC) on Monday to create a bitcoin exchange-traded fund. Furthermore, Ark Invest is partnering with 21Shares an investment product firm to launch the ETF. Consequently, the fund would trade under the tick…
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Source: Cryptocurrency - investing.com
