Ark Invest applies to launch four quarterly Bitcoin ETF products

According to ChainCatcher, as disclosed by Bitcoin Magazine, Ark Invest, led by Cathie Wood, has submitted a preliminary prospectus to the U.S. Securities and Exchange Commission (SEC), planning to launch four quarterly Bitcoin ETF products, named ARK DIET Q1, Q2, Q3, and Q4 Bitcoin 1 ETF respectively.

These products will be managed by ARK ETF Trust, and the trading symbols have not yet been determined. The prospectus is still in its preliminary stage and the products can only be officially issued after receiving SEC approval.