ambcrypto.com: Is an SEC approval possible with ARK’s amended spot Bitcoin ETF

• The latest Bitcoin ETF application details how fund assets are “not commingled” with corporate or other customer assets.
• Analysts have noted how the latest filing addressed nearly all the concerns of the SEC.

On 11 October, Cathie Wood’s ARK Invest and 21Shares amended their joint spot Bitcoin [BTC] exchange-traded fund (ETF) application and submitted it to the U.S. Securities and Exchange Commission (SEC).

The latest application includes additional information on how the ETF would…