Log in

News

Ark Invest files with the SEC to launch a Bitcoin ETF

Updated: Aug 23, 2024
Published: Jun 29, 2021
0
Share:

The United States Securities and Exchange Commission (SEC) is currently reviewing eight Bitcoin exchange-traded funds (ETFs). It now has to add one more to the list as Ark Invest officially files for one with the regulator.

Post Feature Image

Ark Invest partners 21Shares to file for a Bitcoin ETF

Ark Invest, led by Cathie Wood, has filed with the US SEC to create a Bitcoin ETF. The investment firm filed for the Bitcoin ETF yesterday and will work with 21Shares to launch it. Per the filing document, the ETF’s objective is to track Bitcoin’s performance, and it would operate under the ticker symbol “ARKB” if approved by the regulator.

Cathie Wood is a longtime Bitcoin bull and has invested in the cryptocurrency market via proxies such as the Grayscale Bitcoin Trust (GBTC). However, Ark Invest now wants to create the Bitcoin ETF and make it easy for institutional investors to gain access to the leading cryptocurrency.

The S1 filing states that “A significant amount of the value of bitcoin is speculative, which could lead to increased volatility. Investors could experience significant gains, losses and/or volatility in the Trust’s holdings, depending on the valuation of bitcoin.”

Wood has always maintained her belief that Bitcoin will become part of a balanced investment portfolio. Ark Invest estimates that if companies in the S&P 500 convert 1% of their corporate cash to Bitcoin, the leading cryptocurrency’s price could surpass the $70,000 mark. If the companies make it 10%, Bitcoin’s price could rise by more than $400,000.

SEC continues to delay Bitcoin ETF decisions

The US SEC has delayed decisions to approve Bitcoin ETF proposals. It has postponed its decision on the VanEck Bitcoin ETF application twice this year. The regulator has also postponed decisions on the Valkyrie and the WisdomTree Bitcoin ETF proposals.

However, despite the SEC yet to approve a single Bitcoin ETF, VanEck and WisdomTree have filed to launch an Ether ETF with the regulator. The Ether ETF would allow institutions to gain exposure to the second-largest cryptocurrency.

100% Success Money Back Guarantee

If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Terms & Conditions apply

Star

Trusted by 300,000+ traders

Take your next step towards crypto success

Save 50%

$799/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included in Pro:

  • Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp

Frequently Asked Questions

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.

Recommended from Cryptonary
x402: The Future of Micropayments on the Internet
PRO
Research Report
x402: The Future of Micropayments o...For nearly three decades, the internet has run on ads, not payments. Every time we read an article, ...
11 min read
Nov 8, 2025
Market Update: Supreme Court Tariff Decision Could Reshape 2026
PRO
Market Updates
Market Update: Supreme Court Tariff...We’re entering one of those rare windows where politics, macro, and crypto collide. It’s not just ab...
8 min read
Nov 7, 2025
Market Direction: At $100k - Your 7-Day Action Plan
PRO
Market Direction
Market Direction: At $100k - Your 7...Markets hit major support zones with BTC at the $100k level. Key altcoins face rejection; reversal o...
11 min read
Nov 7, 2025