Ark Invest Fund to Allow Participation in Canadian Bitcoin ETF

Rahul Nambiampurath

Mon, Sep 13, 2021, 3:55 AM1 min read

In this article:

BeInCrypto –

Investment management firm Ark Invest is set to launch a fund that will invest in Canadian bitcoin exchange-traded funds (ETF), according to an SEC filing.

Digital assets fund manager Ark Investment Management is set to launch funds that offer investment in Canadian bitcoin ETF, according to an SEC filing. The application notes that the fund in question may invest in funds listed in Canada, specifically singling out Canadian bitcoin ETFs.

It notes that the risks associated with investing in the fund are similar to direct investing in bitcoin. Ark Invest also stated that “the Fund may trade at a significant premium or discount to NAV,” which is typical of ETFs.

This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•14h ago
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•15h ago
Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.
Reuters•4h ago
Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Though this highflying stock is making Nancy Pelosi and her venture capitalist husband richer, more than a half-dozen billionaires have sent it to the chopping block.
Motley Fool•22h ago
Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.
Business Insider•8h ago
Analyst revises Google parent Alphabet's stock price target before earnings
Here's what could happen next to Alphabet's shares.
TheStreet•7h ago
Traders are betting that TSMC stock's sudden 13% sell-off will deepen
The world's biggest chipmaker, which is a bellwether for the global semi producers, recently trimmed its industry-growth outlook.
Business Insider•5h ago
Ford Stock Soared Today for 1 Big Reason and 3 Smaller Ones
Wall Street doesn’t get any credit for the move. There are no stock upgrades or price- target changes to cite.
Barrons.com•11h ago
Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.
There are many more companies beyond Nvidia that will see their stocks soar on the promise of AI, Goldman says.
Business Insider•6h ago
If You'd Invested $250 in Berkshire Hathaway 5 Years Ago, Here's How Much You'd Have Today
Berkshire stock produced huge gains for decades. But what about the last five years?
Motley Fool•21h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Ark Invest Fund to Allow Participation in Canadian Bitcoin ETF

Recommended Stories

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell

Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says

Analyst revises Google parent Alphabet's stock price target before earnings

Traders are betting that TSMC stock's sudden 13% sell-off will deepen

Ford Stock Soared Today for 1 Big Reason and 3 Smaller Ones

Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.

If You'd Invested $250 in Berkshire Hathaway 5 Years Ago, Here's How Much You'd Have Today