Overview

• Ark Invest submitted preliminary prospectuses on October 14 for the ARK Bitcoin Yield ETF and ARK DIET Bitcoin 1 and 2 series under the ARK ETF Trust.
• The yield-focused fund proposes generating income by selling options and collecting premiums tied to Bitcoin-linked strategies.
• Defined-outcome filings outline two quarterly series: DIET 1 targets 50% downside protection with gains captured only after a 5% quarterly rise, while DIET 2 targets 10% protection with upside participation once Bitcoin exceeds its quarterly start level.
• The filings are at an early stage of SEC review and are not approved for launch.
• U.S. spot Bitcoin ETFs recorded about $103 million in net inflows on October 14, including roughly $6.8 million into ARK’s ARKB, as Ark-backed Solmate Infrastructure disclosed buying Solana at roughly a 15% discount during the recent pullback.