ETFs

Cathie Wood’s Ark to invest in bitcoin futures

The high-profile investor will lend the name of her fund to a new ETF tracking the crypto

Cathie Wood’s Ark Investment Management is the latest Wall Street heavyweight jostling for position to get involved in an exchange-traded fund (ETF) tracking bitcoin futures — an investment vehicle US regulators may soon approve.

The high-profile investor will lend the name of her fund to a new ETF, a filing made on 13 October with the Securities and Exchange Commission (SEC) showed.

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