ARK Invest updates its spot Bitcoin ETF proposal with more details on Coinbase

ARK Invest updated its proposal for a spot Bitcoin ETF through an amendment submitted to the U.S. Securities and Exchange Commission (SEC) on Oct. 11. Bloomberg ETF analyst Eric Balchunas noted on Twitter/X that the update adds comments on Coinbase's custodial practices. Sentiment Result : Neutral

ARK Invest updated its proposal for a spot Bitcoin ETF through an amendment submitted to the U.S. Securities and Exchange Commission (SEC) on Oct. 11. Bloomberg ETF analyst Eric Balchunas noted on Twitter/X that the update adds comments on Coinbase's custodial practices.