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ARK’s amended spot Bitcoin ETF filing is a ‘good sign’ of future approval

Published 10/12/2023, 01:59 AM
Updated 10/12/2023, 03:40 AM
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A recent amendment to ARK Invest and 21Shares’ joint spot Bitcoin (BTC) exchange-traded fund (ETF) application could be seen as a “good sign” of progress and impending approvals.

An amended Oct. 11 filing to the United States Securities and Exchange Commission for approval adds additional information about the proposed spot Bitcoin ETF, including practices for how the fund will custody assets and determine asset values.

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