Cathie Wood-led Ark Invest has made significant modifications to its spot Bitcoin ETF proposal, addressing concerns raised by the U.S. Securities and Exchange Commission [SEC] regarding Coinbase’s custodial practices. The amendment, filed on October 11, outlines the segregation of the trust’s assets with the custodian, emphasizing that they are held in segregated accounts on the […]
Ark Imvest
Ethereum Spot ETF: Cathie Wood’s Ark Invest Leading The Charge For Approval
Cathie Wood’s Ark Invest is on the verge of making history by ushering in the first-ever Ethereum ETF in the United States. This milestone is imminent, thanks to their 19b-4 application submission to the Securities and Exchange Commission [SEC]. The groundbreaking fund, known as the “ARK 21Shares Ethereum ETF,” is poised to trade on the […]