The deadline for filing amendments to spot Bitcoin ETFs set by the SEC has sparked a frenzy of interest from big players in the industry. BlackRock, with $10 trillion in assets under management, is leading the pack, followed by Fidelity with $4 trillion. Franklin Templeton, Van Eck, and Wisdom Tree also have significant AUM. Native crypto ETF applicants like NYDIG, Galaxy, ARK, Bitwise, and Valkyrie have lower AUM but are well-versed in the crypto sector. Exciting times ahead for Bitcoin as these major players enter the market.
The initiation of a bull market is undoubtedly linked to the successful approval of the US Bitcoin spot ETF. As one of the Bitcoin spot ETF codes expected to receive future approval from the US SEC, ARKB, led by Cathie Wood, is destined to garner significant community attention, holding profound significance. BRC20's ARKB stands out as a well-named project, guaranteed to be a dark horse capturing the community's interest. If you missed out on sats, don't miss out on ARKB, the BRC20 counterpart. By January 10, 2024, within the SEC's fourth decision period, ARKB is set to gain approval, as the saying goes, "third time's the charm," making a fourth delay or rejection inconceivable. ARK's #Bitcoin spot ETF has transparently 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. ARK Invest and 21Shares' spot Bitcoin ETFs have been added to the DTCC website, with the trading code being ARKB. Views are provided for reference only; exercise caution in your investments! Wondering where to buy, sell, and trade ARKB? A quick Google search for ARKB will lead you to a trading market page among the top results. The community has opted for the popular domain suffix "io," prefixed with "arkb." It's essential to note that the Bitcoin BRC-20 token project ARKB has no affiliation with Ark Invest / 21 Shares.
