Katherine Wood and 21Shares has filed an application for a spotal eTF for bitcoin – Bits Media

The investment company Ark Investment Management again applies to the US Securities and Exchange Commission (SEC), to launch ETF to bitcoin.

Catherine wood (Cathie Wood) I applied with the application for the launch of Ark 21Shares Bitcoin ETF yet 13 May. According to the text, The application is proposed to change The rules of the Chicago Exchange Exchange (CBOE) BZX Exchange. Reported, that the deadline for accepting or reckoning the application is 24 january 2023 of the year.

The new application received shortly after, How SEC has rejected the previous, submitted in early April. According to the new document, The goal of Ark 21Shares Bitcoin ETF is, to track bitcoin performance in accordance with the performance of bitcoin index S&P. The trust will own BTC and evaluate the index -based shares daily.

We emphasize, that the decision on this application is one of the most important events in the crypto industry, since the SEC has not yet approved any of the several spotal ETFs on bitcoin. In the case of approval by the ARK 21Shares Bitcoin ETF regulator, it will be traded on the CBOE BZX exchange.

Previously, the management company Grayscale launched a marketing campaign, Calling the community to support the release of Futures ETF for Bitcoin. The company posted advertising at the Washington station, which was said, that GrayScale urges all crypto -investors to write in support of ETF in SEC.

Canada became the first country, approved the launch of ETF on bitcoin and ether (ETH). In February last year, Canadian regulators approved two applications at once in a week.