So Ark has adjusted their ETF filing to address the market manipulation concern in the same manner that BlackRock did. What’s interesting (at least to me) is that Bryan Armour (director of passive research) from Morningstar said that this puts Ark first in line to get their spot ETF approved. Otherwise the SEC is clearly playing favorites - since ARKs original filing was earlier than BlackRocks. My source for this is Ignites - which publishes news about the mutual fund/etf/asset management industry.

Now I still wouldn’t buy a spot ETF but if I did, I’d buy one from Ark long before I’d buy one from Blackrock since at least Yassine Elandra understands bitcoin and is a maxi (or at least as far as I can tell).