Second time’s the charm? Cathie Wood’s ARKInvest is taking another try to launch a spot Bitcoin ETF in the USA. (Reporting via coindanslecoin)
with the European ETF issuer 21Shares to file for a spot Bitcoin ETF listed on CBOE BZX Exchange in June 2021.
According to the latest filing, the investment objective of the ARK 21Shares Bitcoin ETF is to seek to track the performance of Bitcoin, in accordance with the performance of the S&P Bitcoin Index. “In seeking to achieve its investment objective, the trust will hold Bitcoin and will value the shares daily based on the index,” the application reads.
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