2018-7-24 17:39 |
The Ark team is cruising along and making steady strides towards the mainnet implementation of the new and… The post Ark Makes More Progress in Major Overhaul appeared first on Invest In Blockchain.
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ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded funds.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
The new scaling solution Ark is designed to enable cheap, anonymous, off-chain Bitcoin transactions, protect privacy and remain user friendly.
The recent crypto market recovery saw bitcoin rise about 40% above the 2022 BTC lows.
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions.
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.”
21Shares submitted the spot Bitcoin ETF application with Ark Investment Management in June 2021 for listing on the Cboe BZX Exchange.