
KEY POINTS
- ARK, like BlackRock, was reluctant to include cash creations
- ARK 21Shares amended its S-1 registration on Monday
- Bitcoin was trading in the green zone at $43,074.76 in the early hours of Tuesday
With the final deadline for spot Bitcoin exchange-traded fund (ETF) applications just a few weeks away, ARK Invest and 21Shares have become the latest to amend their filing to include cash creation and redemptions model.