There are a lot of eyes on the quest for a Bitcoin ETF in the United States. Now we are seeing ARK throw its hat in the ring for a Bitcoin ETF.
The noted fund that is run by Cathie Wood is loading up on Grayscale's GBTC. So obviously they think that there is room for more.
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Oh I just wrote a top level comment on it. I just don't see it as very likely to succeed.
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It depends upon how many the SEC is going to approve. The move might be to file for an ETH or a basket ETF as opposed to Bitcoin.
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Oh I was always pointing towards BTC as crypto in their point of view. But yea I can see them letting go of ETH and a few others.
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A lot of firms seem to be looking to jump on the crypto game. I believe one in Brazil recently announced an ETF as well
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