Ark Invest to Launch New BTC ETFs in Association with 21Shares
Ark Invest, led by Cathie Wood, is preparing to introduce a new series of ETFs in collaboration with 21Shares.
Ark Invest, led by Cathie Wood, is preparing to introduce a new series of ETFs in collaboration with 21Shares.
ProShares, a leading asset management company, has launched a new ETF called the ProShares Short Ether Strategy ETF (SETH).
The popular iShares Bitcoin Trust, also known as the IBTC, has recently been added to the list maintained by the Depository Trust and Clearing Corporation (DTCC).
According to Martin Bednall, former managing director at BlackRock and current CEO of Jacobi Asset Management, the Securities and Exchange Commission will likely approve all spot bitcoin exchange-traded fund applications at the same time.
The SEC has delayed its decision on spot Bitcoin ETF applications from BlackRock, Invesco, Bitwise, and Valkyrie.
The SEC has pushed back its ruling on multiple Bitcoin spot ETF proposals from ARK Invest and 21Shares to January 10, 2024.
Jay Clayton, the former chairman of the US Securities and Exchange Commission (SEC), has predicted that a spot Bitcoin exchange-traded fund (ETF) will eventually be approved in the United States.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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