Cathie Wood’s Ark Lends Name to ETF Tracking Bitcoin FuturesBy
ARKA fund to invest indirectly in largest cryptocurrency
Ark joins lineup of issuers vying for regulatory approval
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.