Bitcoin ETF Approval Race Heats Up as ARK Amends Filing to Include Surveillance Sharing

1 min read
Source: CoinDesk
Bitcoin ETF Approval Race Heats Up as ARK Amends Filing to Include Surveillance Sharing
Photo: CoinDesk
TL;DR Summary

ARK Invest has amended its filing for a spot bitcoin ETF to include a surveillance-sharing agreement, similar to BlackRock's application. The agreement would be between the Cboe BZX Exchange and a U.S.-based spot BTC trading platform. This move could potentially position ARK's application ahead of BlackRock's in the race to be the first approved spot bitcoin ETF in the U.S., as it was filed earlier.

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