Cboe amends filing for Ark's bitcoin ETF to include BlackRock-like feature

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The revised filing for a spot bitcoin ETF includes a surveillance sharing agreement to deter fraud and market manipulation.

for the proposed ARK 21Shares Bitcoin ETF to include a feature similar to one used for a spot bitcoin fund planned by BlackRock.

“The Exchange is proposing to take additional steps to those described above to supplement its ability to obtain information that would be helpful in detecting, investigating, and deterring fraud and market manipulation in the Commodity-Based Trust Shares,” Cboe BZX said in the updated filing.with an operator of a U.S.-based spot trading platform for bitcoin.

 

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