ARKB Fund Fee

Share post:

ARK Invest, led by renowned growth investor Cathie Wood, in collaboration with European-based cryptocurrency investment firm 21Shares, has made a significant update to their spot bitcoin ETF filing. The latest amendment, filed on Monday, reveals a fund fee of 0.80% and provides additional risk disclosures.

This third amendment to their S-1 ETF filing was submitted to the U.S. Securities and Exchange Commission (SEC) and includes new details about the fund’s operational aspects. The proposed ETF, which aims to track the performance of Bitcoin, is set to trade on the BZX Exchange operated by the Chicago Board Options Exchange under the ticker symbol ARKB.

ETF Newz Says:

The move by ARK Invest and 21Shares comes amid a flurry of activity in the cryptocurrency ETF space. Several firms, including WisdomTree Investments, updated their spot bitcoin ETF filings on Nov. 16. These updates are seen as a response to ongoing discussions with the SEC, signaling progress towards potential approval of such products.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...