Cathie Wood’s ARK Resorts To Canadian Bitcoin ETFs As The SEC Delays Applications In The US

Bitcoin Magazine

A new supplement filing with the U.S. Securities and Exchange Commission (SEC) shows that Cathie Wood’s ARK Investment Management has given itself clearance to purchase Canadian bitcoin exchange-traded funds (ETFs). The firm’s ARK Next Generation Internet ETF, which previously could only get bitcoin exposure through investments in a grantor trust, has updated its prospectus to enable the fund to invest in bitcoin ETFs up north.

The move comes amid several delays and rejections for similar products in the U.S by the SEC, which likely prompted ARK to seek alternatives abroad. After filing the supplement with the SEC, the ARK Next Generation Internet ETF now has another option for obtaining indirect bitcoin exposure. In addition to the Grayscale Bitcoin Trust (GBTC), the fund can now invest in “other pooled investment vehicles, such as exchange-traded funds domiciled in Canada.”

How To Get Free Crypto  

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.