Cathie Wood’s ARK Invest And 21Shares File For Bitcoin, Ethereum Futures ETFs
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Benzinga
Benzinga
ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings. Empowered Funds, the investment advisor for these products, filed the application with the Securities and Exchange Commission (SEC). The proposed ETFs are named ARK 21Shares Active Ethereum Futures ETF (ARKZ) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY), according to The Block. Watch for a…