ARK Invest Teams Up with 21Shares to Launch Innovative Series of Digital Asset ETFs

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ARK Invest, led by prominent Bitcoin supporter Cathie Wood, is collaborating with 21Shares, an exchange-traded products (ETPs) provider, to introduce a new series of digital asset exchange-traded funds (ETFs). The partnership aims to offer more investment options for those looking to integrate digital assets into their portfolios. The ETFs will utilize on-chain signals for investment strategies, focusing on long-term capital appreciation. The suite includes ETFs based on Bitcoin and Ether futures contracts, with an additional product, the ARK 21Shares Blockchain and Digital Economy Innovation ETF, providing exposure to companies in the blockchain industry. These ETFs will begin trading on the Chicago Board Options Exchange (CBOE) in the coming week. Importantly, these new funds won’t provide direct investment in spot Bitcoin.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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