Cathie Wood Participates in Bitcoin ETF Race - Coinleaks
Current Date:November 7, 2024

Cathie Wood Participates in Bitcoin ETF Race

BlackRock‘s spot bitcoin ETFWhile the application was very busy on the agenda, the first spotlight was bitcoin ETFyour application cathie wood’It turned out that the flour company did it.

The world’s largest asset manager BlackRock, spot bitcoin ETF He kept the agenda very busy with his application. The crypto money market also started to rise with this application. The stepping of a big corporation like BlackRock into Bitcoin has made other institutions hungry. A lot bitcoin ETFapplication came one after another.

However, one detail stands out. Here too Katie Woodis located. Katie Wood‘s investment company ARK Invest‘of first spot Bitcoin ETFturned out to be the applicant.

Cathie Wood Detail on Spot Bitcoin ETF Application

Cointelegraph’sAccording to his news, which referred to several reports, firstspot bitcoin ETFyour application Katie Wood’ flour investment company ARK Invest. It is said to actually take the first place in the Bitcoin ETF race. ARK Invest‘s status is uncertain.

analysts, BlackRock‘s spot bitcoin ETF He claimed that if his application is approved, it will be the first in the market. But apparently, ARK Invest is breaking this situation.

Sharing his views on the subject ARCanalyst Yassine Elmandjra, “Other applicants will be able to exchange their applications with similar agreements at very little cost”said.

Elmandjra, his company’s spotlight in April bitcoin ETF stated that he had applied. The only obstacle to BlackRock being the first, according to the analyst ARK Investit happened.

ARK Invest‘of ETFon the subject SECif he has an appointment 13 August 2023was determined as.