The article discusses the Securities and Exchange Commission’s (SEC) decision on whether to approve Cathie Wood’s Ark Bitcoin Exchange-Traded Fund (ETF). The SEC has a week to decide on the matter, but the decision can be pushed as far as March 16 next year. Several other funds, including BlackRock and Fidelity, have also filed for similar products. However, the SEC has already approved many Bitcoin futures ETFs. The article includes a disclaimer stating that the opinions expressed are not investment advice, and readers should conduct their own research before making any investment decisions.
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