Ark Invest to launch fund that offer investment in Bitcoin ETFs

bitcoin

Digital assets fund manager Ark Investment Management is set to launch funds that offer investment in Canadian bitcoin ETF, according to a SEC filing.

The application notes that the fund in question may invest in funds listed in Canada, specifically singling out Canadian bitcoin ETFs.

It notes that the risks associated with investing in the fund are similar to direct investing in bitcoin.

Ark Invest also stated that “the Fund may trade at a significant premium or discount to NAV,” which is typical of ETFs.

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