Wood’s Ark Adds Possible ‘Silver Bullet’ to Bitcoin Filing

  • ARK and 21Shares add surveillance-sharing agreement to filing
  • New language mimics a clause in BlackRock’s ETF application
Fidelity Reportedly Ready to Launch a Spot Bitcoin ETF
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Cathie Wood’s ARK Investment Management and digital-asset manager 21Shares amended their application for a US spot-Bitcoin exchange-traded fund to add a surveillance-sharing agreement.

The CBOE options exchange expects to enter into such an agreement with “an operator of a United States-based trading platform for Bitcoin,” according to Wednesday’s updated filing with the Securities and Exchange Commission. The language mimics a clause in BlackRock Inc.’s spot Bitcoin ETF filing, which landed roughly two weeks ago.