As the much-awaited deadline for Bitcoin Spot ETF applications is drawing near, Ark Investment Management under the direction of Cathie Wood has sold off its entire Grayscale Bitcoin Trust (GBTC) holdings. Ark Invest Bitcoin Investment Strategy Shift Bloomberg Intelligence ETF analyst Eric Balchunas recently reported the development on X (formerly Twitter) on Thursday, December 28. […]
The United States Securities and Exchange Commission (SEC) has revealed a crucial date for the process of approving Bitcoin Spot Exchange-Traded Funds (ETFs) for applicants which are anticipated to launch in January 2024. Deadline For Bitcoin Spot ETF Applicants Eleanor Terrett, a Fox Business journalist and producer recently took to X (formerly Twitter) to share […]