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ARK Invest Joins BlackRock and Fidelity in Race for Bitcoin ETF
When the world's largest fund manager, BlackRock, decided to apply for the creation of a spot Bitcoin (BTC) exchange-traded fund (ETF) two weeks ago, nobody expected it to trigger a new fever in the cryptocurrency market.The BTC price reached new highs for the year, and other Wall Street giants began to join BlackRock. Among them were Invesco, WisdomTree, Fidelity, and also ARK Investment Management (ARK Invest), owned by popular investor Cathie Wood.ARK Invest Updates its Bitcoin ETF Applicatio...
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Posted: Jun 29 2023, 10:29
Author Name: financemagnates
Views: 110565