ARK Invest, led by renowned growth investor Cathie Wood, in collaboration with European-based Cryptocurrency is a form of digital or virtual currency that uses cryptography for security and operates independently of a central authority or traditional banking system. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability. Key Features: • Decentralization: Cryptocurrencies operate on a decentralized network of computers, meaning no central authority governs or regulates it. • Cryptography: Secure transactions and... investment firm 21Shares, has made a significant update to their spot bitcoin ETF filing. The latest amendment, filed on Monday, reveals a fund fee of 0.80% and provides additional risk disclosures.
This third amendment to their S-1 ETF filing was submitted to the U.S. Securities and Exchange Commission (SEC) and includes new details about the fund’s operational aspects. The proposed ETF, which aims to track the performance of Bitcoin, is set to trade on the BZX Exchange operated by the Chicago Board Options Exchange under the ticker symbol ARKB.