According to Bloomberg ETF analyst Eric Balchunas, “many signs” indicate that Bitcoin ETF applications from Ark Invest and Valkyrie will be approved in the near future.
This week, Ark Investment Management filed to register the ticker ARKA for its fund, and Valkyrie is registering its ETF under the ticker BTF.
Balciunas said firms typically offer tickers when their product is approved and fully ready to launch.
People keep asking me what I'm looking for first to confirm SEC approval and it is these type of updated prospectus filings. That's what happens right bf a launch, they fill in all the XXs and add ticker. That said, this is bitcoin so WTF knows for sure lol.
— Eric Balchunas (@EricBalchunas) October 13, 2021
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According to cointelegraph.com
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