Wood’s Ark Adds Possible ‘Silver Bullet’ to Bitcoin Filing (1)

Cathie Wood’s ARK Investment Management and digital-asset manager 21Shares amended their application for a US spot-Bitcoin exchange-traded fund to add a surveillance-sharing agreement.

The CBOE options exchange expects to enter into such an agreement with “an operator of a United States-based trading platform for Bitcoin,” according to Wednesday’s updated filing with the Securities and Exchange Commission. The language mimics a clause in BlackRock Inc.’s spot Bitcoin ETF filing, which landed roughly two weeks ago.

“These agreements would provide more transparency to the market and make crypto markets more consistently integrated with the way in which markets are surveilled ...