Cathie Wood’s Ark Amends Bitcoin Spot ETF Application To Copy BlackRock

ARK’s modification may make it the first to launch a Bitcoin spot ETF in the United States, beating BlackRock.

Cathie Wood’s ARK Invest has amended its Bitcoin Spot ETF filing to include a new surveillance sharing agreement, taking cues from the filing presented by investment giant BlackRock earlier this month.

The modification may give ARK a better chance of getting its product approved by the U.S. Securities and Exchange Commission (SEC), which has denied every flavor of the product thus far.