Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF By Cointelegraph


© Reuters.

ARK Investment Management, a pro-Bitcoin (BTC) firm founded by veteran investor Cathie Wood, is reportedly ahead in the race for a spot BTC exchange-traded fund (ETF).

In mid-June, the investment firm BlackRock (NYSE:) filed an application for a spot ETF, triggering notable optimism in cryptocurrency markets.