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Cathie Wood's Ark Invest Is The Latest to Apply for Bitcoin ETF Tracking BTC Futures

source-logo  coingape.com 14 October 2021 07:07, UTC

Ark Invests’ Cathie Wood is going all guns blazing when it comes to being a Bitcoin bull. As per the latest SEC filing, Ark Invest has applied for a Bitcoin ETF tracking the BTC futures. This comes as the SEC has shown willingness to approve such a derivative product rather than directly tracking the underlying asset aka physical Bitcoin.

coingape.com