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 ARK
Investment Management (ARK Invest), owned by popular investor Cathie Wood.
ARK Invest Updates its
Bitcoin ETF Application
Although
BlackRock sparked a wave of new applications to register a Bitcoin ETF, ARK
Invest was the first to submit such an application this year. Cathie Wood's
firm already filed an application in April to create an instrument that
tracks the price of 'physical' cryptocurrency.
As the
topic has become a hot item in the media and is elevating the prices of major digital assets,
ARK has decided to refresh its application. As can be seen from the amendment filed
with the Securities and Exchange Commission (SEC) yesterday (Wednesday), the
company made changes in its original application to make it similar to the one
filed by BlackRock.
The most
important updates include a contract to share oversight with the futures market
run by the Chicago Mercantile Exchange (CME) and a cryptocurrency exchange.
This is most likely going to be Coinbase.
JUST IN: ARK has amended their 19b-4 for spot bitcoin ETF to include a surveillance sharing agreement bt CBOE and a crypto exchange (likely Coinbase), which makes their's like BlackRock's filing now, and puts them in pole position to be approved first bc they filed first. pic.twitter.com/P8PCmPdhln
The
decision on the cryptocurrency ETF from ARK Invest, which it applied for with
21Shares, is first in line with the SEC. According to the current schedule,
this should be decided by 13 August.
Bitcoin Prices Soar amid ETF Fever
At the time
of BlackRock's announcement about applying for the creation of a spot Bitcoin
ETF, one BTC cost less than $25,000. The cryptocurrency price was then testing at a three-month low.
Wall Street giants' interest in the market caused a dynamic increase in
the crypto price. It rose by over 26% in a week and tested the $31,000 level,
setting new highs for the year.
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 ARK
Investment Management (ARK Invest), owned by popular investor Cathie Wood.
ARK Invest Updates its
Bitcoin ETF Application
Although
BlackRock sparked a wave of new applications to register a Bitcoin ETF, ARK
Invest was the first to submit such an application this year. Cathie Wood's
firm already filed an application in April to create an instrument that
tracks the price of 'physical' cryptocurrency.
As the
topic has become a hot item in the media and is elevating the prices of major digital assets,
ARK has decided to refresh its application. As can be seen from the amendment filed
with the Securities and Exchange Commission (SEC) yesterday (Wednesday), the
company made changes in its original application to make it similar to the one
filed by BlackRock.
The most
important updates include a contract to share oversight with the futures market
run by the Chicago Mercantile Exchange (CME) and a cryptocurrency exchange.
This is most likely going to be Coinbase.
JUST IN: ARK has amended their 19b-4 for spot bitcoin ETF to include a surveillance sharing agreement bt CBOE and a crypto exchange (likely Coinbase), which makes their's like BlackRock's filing now, and puts them in pole position to be approved first bc they filed first. pic.twitter.com/P8PCmPdhln
The
decision on the cryptocurrency ETF from ARK Invest, which it applied for with
21Shares, is first in line with the SEC. According to the current schedule,
this should be decided by 13 August.
Bitcoin Prices Soar amid ETF Fever
At the time
of BlackRock's announcement about applying for the creation of a spot Bitcoin
ETF, one BTC cost less than $25,000. The cryptocurrency price was then testing at a three-month low.
Wall Street giants' interest in the market caused a dynamic increase in
the crypto price. It rose by over 26% in a week and tested the $31,000 level,
setting new highs for the year.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Lebowa Capital's Jimmy Moyaha at an FMLS:24 panel discussion explaining the impact of news on trading.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets.
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
Doo Prime's Fraser Nelson is explaining the challenges of liquidity in different markets while participating in a panel discussion on "How to Trade the News."
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
FMLS:24 exhibition venue is crowded on the second day.
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Panel Discussion on "Regulation, Trust, and the Future of Trading in Africa"
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24
Experts discuss the topic "Regulation, Trust, and the Future of Trading in Africa" at FMLS:24