Ark 21Shares Takes Another Shot at Spot Bitcoin ETF Approval

• The SEC rejected an application for the ARK 21Shares Bitcoin ETF successful April, citing a deficiency of capitalist protections.

• A caller filing was made May 13 by Cboe BZX Exchange.

• The SEC said successful a filing that it is soliciting comments with respect to the caller application.

• The SEC has yet to o.k. immoderate spot bitcoin ETFs. It has either rejected oregon delayed those requests, portion allowing funds that commercialized bitcoin futures.

• In its filing, Cboe said it believed it “represents a regulated marketplace of important size” and that the connection should beryllium approved, according to the May 25 filing.

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