Bitcoin (BTC) ETF by ARK Invest Now Possible After This Epic Maneuver

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Bitcoin (BTC) ETF by ARK Invest Now Possible After This Epic Maneuver
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Another Bitcoin ETF is in the works as Cathie Wood's ARK Invest executes this epic maneuver bitcoin btc btcusdt btcetf arkinvest $btc

According to Balchunas, ARK Invest has amended its 19b-4 filing for a BTC spot ETF, introducing a surveillance-sharing agreement between the Chicago Board Options Exchange and a prominent cryptocurrency exchange — likely Coinbase.

This critical addition to their filing aligns ARK Invest's approach with that of industry giant BlackRock, which officially filed for a BTC trust with theCathie Wood's statement from last month, where she confidently asserted being first in line for BTC spot ETF approval ahead ofThe upcoming decision by the SEC in August will be closely watched by industry insiders, says the analyst.

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