Persistent macro headwinds may delay Bitcoin bull market — ARK Make investments

It has been a whipsaw 2023 for investor sentiment, and regardless that equities markets have defied expectations, a current report from ARK Make investments highlights the reason why the rest of 2023 may current a number of financial challenges.

ARK manages $13.9 billion in belongings, and its CEO, Cathie Wooden, is a powerful advocate for cryptocurrencies. In partnership with the European asset supervisor 21Shares, ARK Funding first utilized for a (BTC) exchange-traded fund (ETF) in June 2021. Its most up-to-date request for a spot BTC ETF, which is at present pending evaluation by the USA Securities and Alternate Fee, was initially filed in Could 2023.

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