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TechFlow news: Bloomberg analyst James Seyffart said Ark Invest and 21Shares have resubmitted their amended prospectus for a spot Bitcoin ETF to the U.S. SEC.
James noted that they appear to be accepting the SEC's requirement allowing only cash-based creation and redemption of fund shares.
Bloomberg analyst James Seyffart said Ark Invest and 21Shares have resubmitted their amended prospectus for a spot Bitcoin ETF to the U.S. SEC. James noted that they appear to be accepting the SEC's requirement allowing only cash-based creation and redemption of fund shares.
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