On Monday, Cathie Wood’s ARK Invest filed with the Securities and Exchange Commission to launch a Bitcoin ETF. ARK Invest will partner with 21Shares U.S. LLC., with the ETF trading under ticker “ARKB.”
If ARK receives a nod from the SEC, it will be the first Bitcoin ETF to achieve approval in the U.S.
Jim Cramer told Action Alerts PLUS senior analyst Jeff Marks that he thinks Bitcoin is incredibly important.
Watch him break down his latest thoughts on Bitcoin, Ethereum, Tether and more in the video above.
Recap TheStreet Live: Everything Jim Cramer Is Watching 6/29/21