ARK Invest says they and others are set for a Bitcoin (BTC) exchange-traded fund (ETF) approval from the U.S. Securities and Exchange Commission (SEC) before BlackRock. Meanwhile Cathie Wood has been making major web3 & metaverse investments in preparation for a massive bull-run.
PBN Research
ARK Could be First with ETF
https://cointelegraph.com/news/cathie-wood-s-ark-reportedly-first-in-line-for-a-spot-bitcoin-etf
Several reports suggested that BlackRock could become the first issuer of a spot Bitcoin ETF in the United States should it receive approval, but that might not be the case, according to some executives and analysts.
“Other applicants will be able to amend their filings with similar agreements at little cost,” ARK analyst Yassine Elmandjra reportedly said.
Elmandjra stressed that ARK and the European asset manager 21Shares filed an application with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin ETF in April. “That now is the only one ahead of BlackRock’s,” he added.
ARK buys Mythical Games
https://www.theblock.co/post/236522/__trashed-5?utm_source=cryptopanic&utm_medium=rss
New investors in the company included Cathie Wood's ARK Invest, Animoca Brands, PROOF, Stanford Athletics and MoonPay. Existing funders Andreessen Horowitz, WestCap, Gaingels, Signum Growth and Struck Capital also participated.
Coinbase to purchase Hut 8
https://twitter.com/search?q=hut%208&src=typed_query
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