Crypto exchange-traded-products issuer 21Shares and
The firms are hoping to debut the ARK 21Shares Ethereum ETF, according to a Wednesday filing with the US Securities and Exchange Commission. Their application is the first of its kind and, if offered, would mark the first US exchange-traded fund that’s physically backed by the second-largest cryptocurrency after Bitcoin. The fund would trade under the ticker ARKE.
Wednesday’s filing comes as the race to win approval for the first US spot-Bitcoin fund intensifies. Regulators have ...
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