(SEC Filing) Cathie Wood’s Ark Invest is partnering with ETF provider 21Shares to establish a Bitcoin exchange-traded fund.
The Bitcoin ETF, ARK 21Shares, will track the S&P Bitcoin index and will trade under ticker ARKB on the Cboe BZX Exchange.
With the new fund established, Ark aims to track the price of bitcoin.
Wood has been investing in Bitcoin, with the latest ETF joining a list of others waiting the SEC approval.
BTCUSD is up +3.55%.