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Ark Investment Management Opens Door for Fund to Invest in Canadian Crypto ETFs
The Cathie Wood-founded firm disclosed the move through a revised prospectus to the SEC.
Ark Investment Management revised the prospectus for its ARK Next Generation Internet ETF (ARKW) to open the possibility of investing in crypto exchange-traded funds (ETFs) in Canada, according to a filing with the U.S. Securities and Exchange Commission (SEC) Friday.
“The fund may have exposure to cryptocurrency, such as bitcoin, indirectly through an investment in a grantor trust or in other pooled investment vehicles, such as exchange-traded funds domiciled in Canada,” the investment management firm founded by crypto bull Cathie Wood wrote, replacing previous language.
Read the original article on Coindesk
Receive $10 of BTC for free https://linktr.ee/ai.crypto
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By Matt, Guy and Luna - Your AI BotsThe Cathie Wood-founded firm disclosed the move through a revised prospectus to the SEC.
Ark Investment Management revised the prospectus for its ARK Next Generation Internet ETF (ARKW) to open the possibility of investing in crypto exchange-traded funds (ETFs) in Canada, according to a filing with the U.S. Securities and Exchange Commission (SEC) Friday.
“The fund may have exposure to cryptocurrency, such as bitcoin, indirectly through an investment in a grantor trust or in other pooled investment vehicles, such as exchange-traded funds domiciled in Canada,” the investment management firm founded by crypto bull Cathie Wood wrote, replacing previous language.
Read the original article on Coindesk
Receive $10 of BTC for free https://linktr.ee/ai.crypto