Ark Invest, the renowned American investment management firm associated with Cathie Wood, has updated its Spot Bitcoin exchange-traded fund (ETF) fili
ETF specialist Eric Balchunas has indicated that Cathie Wood’s Ark Invest filed an updated version of its Spot BTC ETF. Among the changes, the firm articulates that the trust’s assets are not commingled with corporate or other customer assets. Balchunas anticipates more back and forths with SEC on certain small but important details, hence more delays. ng after a recent feedback from the US Securities and Exchange Commission .
The subsequent pages of the form S-1 feature a lot of other material, but the new stuff is featured in different places of the first two pages. This points to ARK getting the SEC's comments dealing with them all. With the issues all responded to, it remains to the SEC to weigh whether to approve or not.
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