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Cathie Wood’s Ark Lends Name to ETF Tracking Bitcoin Futures

Updated on
  • ARKA fund to invest indirectly in largest cryptocurrency
  • Ark joins lineup of issuers vying for regulatory approval
Ark's Cathie Wood on Investing in China, Tesla, Chip Shortage

Cathie Wood is joining the slate of Wall Street players hoping U.S. regulators will soon greenlight an ETF tracking Bitcoin futures.

The ARK 21Shares Bitcoin Futures Strategy ETF, ticker ARKA, plans to invest in Bitcoin futures contracts that trade on commodity exchanges, according to a Wednesday filing with the Securities and Exchange Commission.