$BTC ETFs mean that large institutions that previously were not able to own Bitcoin (due to the technological difficulties in doing so) will now be able to own it with a custodian holding their coins. Not everyone wants to buy Bitcoin and keep it in self-custody.
Pension funds and insurance companies don't want to worry about storing their Bitcoin securely - their goal is to ensure that investments perform well and meet client needs.
They are willing to pay a 0.5-1% fee to ensure that their assets are secure with the largest financial institutions in the world.
ARKB is a BRC-20 token project, with no affiliation with Ark Invest / 21 Shares. This is to make a clear statement.The commencement of a bull market is undoubtedly attributed to the successful approval of the US Bitcoin spot ETF. As one of the Bitcoin spot ETF codes expected to pass the scrutiny of the US SEC, ARKB, the ETF project led by Cathie Wood, is destined to receive widespread community acclaim, carrying profound significance. BRC20's ARKB is an excellent counterpart, guaranteed to be a dark horse project capturing the community's attention. If you missed out on sats, don't let ARKB's opportunity slip away. By January 10, 2024, within the SEC's fourth decision period, ARKB is set to gain approval, as it's inconceivable for it to face a fourth delay or rejection. ARK's #Bitcoin spot ETF has disclosed an annual fee of 0.80%, establishing itself as the first issuer to publicly disclose such fees. This ETF will be listed and traded on the Chicago Exchange CBOE. Views are for reference only; exercise caution in your investments! Wondering where to buy and trade ARKB? A quick Google search for ARKB will lead you to a trading market page among the top results. The community website has opted for the popular domain suffix "io," prefixed with "arkb."
