ARK Invest’s Bitcoin ETF Suffers $87M Outflow
On April 2, Cathie Wood’s ARK 21 Shares Bitcoin ETF saw a record-high outflow of more than $87 million.
On April 2, Cathie Wood’s ARK 21 Shares Bitcoin ETF saw a record-high outflow of more than $87 million.
Consensys has addressed the United States Securities and Exchange Commission’s inquiry into whether Ethereum’s proof-of-stake consensus mechanism raises unique concerns regarding spot ether exchange-traded fund (ETF) applications.
Bitwise, a crypto investment firm, submitted an application to the Securities and Exchange Commission (SEC) today to offer a spot Ethereum ETF.
Fidelity Investments has taken another significant stride by filing a registration statement on March 27.
The SEC has announced a delay in their decision on whether to approve the Grayscale Ethereum Futures Trust’s application for an Ethereum ETF.
Coinbase’s chief legal officer, Paul Grewal, argued that the SEC has no justifiable reason to reject applications for ETH-ETFs.
As of March 20, there was a net outflow of $261 million from spot Bitcoin ETFs.

"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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