- Cathie Wood’s Ark fund and 21Shares are planning America’s first spot ether ETF.
- They filed an SEC application Wednesday as a race to create spot bitcoin ETFs gets underway.
- The ARK 21Shares ethereum ETF promises a safer way to trade the second-largest cryptocurrency.
Cathie Wood’s Ark fund and 21Shares want to set up America’s first spot ether ETF, a Securities and Exchange Commission filing showed.
Dubbed the ARK 21Shares Etherum ETF, the filing comes as a race to launch the first exchange-traded fund backed by bitcoin gathers pace.
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