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6/29/2021 3:35:43 AM GMT
Ark Invest’s newly proposed Bitcoin ETF has been one of the latest addition to a growing list of applications for a crypto ETF in the United States.
The investment management firm has partnered with 21Shares for a joint Bitcoin ETF filing with the US SEC.
The trust underpinning the ETF would also hold BTC directly.
Ark Investment Management has joined a list of firms to file a Bitcoin-exchange traded fund (ETF) with the United States Securities & Exchange Commission (SEC).
Ark Invest jumps into Bitcoin ETF race
The New York-based investment management firm with over $50 billion in assets under management has partnered with European exchange-traded product issuer 21Shares to file for a Bitcoin ETF – the Ark21Shares ETF.
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<p><span>Tourmaline Partners, LLC, the world’s leading outsourced trading solutions firm, today announced that industry experts David Toy and Chris Arkin have joined as senior traders. With these new hires, Tourmaline further enhances its capabilities in the Australia-Pacific (APAC) region and in the derivatives trading space, as demand broadens globally for the firm’s trading, operations and commission management expertise. Toy is based in Australia and Arkin works at Tourmaline’s headquarters in Stamford, Connecticut.</span></p>