Blockchain enthusiasts, pay attention! 📢Bloomberg ETF analyst Eric Balchunas recently published an article on the X platform, revealing that Invesco Galaxy followed ARK and also updated its Bitcoin spot ETF S-1 filing. 🚀

Reviewing that a few weeks ago, the SEC sent an email to the issuer of the Bitcoin spot ETF, raising comments and questions about the S-1 form. On October 12, ARK submitted an updated version of its Bitcoin spot ETF application to the SEC. 📝

The content of this update includes: the calculation of net asset value does not comply with GAAP accounting standards; the trust company's assets at the custodian are kept in a separate wallet on the Bitcoin blockchain, so they are not mixed with the company or other customer assets; and other questions and answers. 🔍

Although we remain neutral in the market, we are still confident in the development of Bitcoin! 💪Let's pay attention to the global regulatory dynamics, industry trends and cryptocurrency news of blockchain together! 🌐