12/29/2023
ARK Invest has begun an 'amendment-athon' for Bitcoin ETFs before the deadline.
ARK Invest and 21Shares have submitted their final S-1 modifications for their proposed spot Bitcoin ETF, ahead of the SEC's December 29 deadline. The SEC officials met with representatives of at least seven corporations on December 21, setting a deadline for applicants to complete their final S-1 modifications by December 29. ARK Invest submitted an update to the S-1 registration statement for its Ark 21Shares Bitcoin ETF (ARKB) on December 28, focusing on permitted participants. Bloomberg ETF analyst Eric Balchunas said no updated Bitcoin ETF applications had been received, and additional modified S-1 filings are likely in the next day.
ARK Invest and 21Shares were the first to submit their spot Bitcoin ETF filing update ahead of the SEC's Dec. 29 deadline.