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Ark Invest Bitcoin ETF will ‘not provide investors with direct exposure to spot bitcoin’

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In a significant development for the cryptocurrency exchange-traded fund (ETF) market, ARK 21Shares Bitcoin ETF has amended its language, transitioning from providing direct exposure to Bitcoin to stating it is offering investors indirect access. This pivot, detailed in the latest S-1 amendment, marks a potentially confusing development in the evolution of spot crypto ETFs. Per […]

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