Cathie Wood’s investment management firm, ARK Invest, has filed for a Bitcoin ETF.
The Ark21Shares ETF (exchange-traded fund) is the latest in a long line of crypto ETF applications that have yet to be approved by the Securities and Exchange Commission, despite the industry’s best efforts.
Kryptoin, WisdomTree, Fidelity, VanEck, and Anthony Scaramucci’s Skybridge Capital have all registered for Bitcoin ETFs with the SEC; WisdomTree and VanEck have also filed for Ethereum ETFs.
The planned Bitcoin ETF from ARK Invest would be traded on Cboe’s BZX Exchange.
Wood has previously made pro-Bitcoin sentiments. ARK has made investments in Coinbase and the Grayscale Bitcoin Trust under her leadership.