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🛠 HTML tags and special symbols translation: N/A Here's the translation for the provided Chinese text: "Mu Tou Jie: I don't think BlackRock has an advantage over ARK Invest in ETF applications."

2023-07-06 13:32
Odaily News: Fortune magazine has released an interview with Cathie Wood, CEO of ARK Invest. When asked about whether BlackRock has an advantage over ARK Invest in the Bitcoin spot ETF, Wood replied, "We don't think so. We know that their application includes a supervisory sharing provision, while ours does not. However, as far as I know, making the necessary modifications to our application will not take too much time, and all institutions' applications are moving in this direction."



Odaily Note: This interview by Fortune was conducted last week but was only made public today. Shortly after the interview was completed, ARK Invest revised its application and added a supervisory sharing agreement similar to BlackRock's.