The BlackRock iShares Bitcoin Trust (IBIT) has emerged as a leading exchange-traded fund (ETF) in 2024. The ETF has surpassed the performance of numerous well-established funds after achieving over $3.19 billion in flows. Despite a delayed start on NASDAQ due to awaiting SEC approval, the BlackRock ETF is now in the top 0.16% of the …
Tag: Eric Balchunas
Oct 13 2023
Ark Invest Updates Spot Bitcoin ETF Filing in Response to SEC Feedback
Ark Invest, led by Cathie Wood, has taken a significant step forward by filing an updated version of its spot Bitcoin ETF prospectus. The move is in response to recent feedback from the U.S. Securities and Exchange Commission (SEC) asking for clarifications on some concerns. Eric Balchunas, a seasoned ETF analyst at Bloomberg, was quick …