Ark Investment Withdraws from Ethereum ETF Plans, Continues Focus on Bitcoin ETFs
Ark Investment, led by Cathie Wood, has decided not to pursue an Ethereum ETF, as reported by Bloomberg. The company previously filed documents with the SEC to become an Ethereum ETF issuer in collaboration with 21Shares. Ark will maintain its partnership with 21Shares, but focus solely on their Bitcoin spot ETF moving forward. Discover why […]