ARK Invest, 21Shares join queue to offer Ethereum futures ETF

Investment firms ARK Invest and 21Shares have applied for two Ethereum futures exchange-traded funds following reports that the SEC may approve such applications, with one fund focused solely on Ethereum futures and the other including both Bitcoin and Ethereum futures.

cointelegraph.com

Relevant topic timeline:

8/20/2023

US Crypto Revival: ETH ETF Approval Nears, Coinbase Futures Greenlit

Coinbase receives approval for futures trading in the US and the SEC is considering approving an Ethereum ETF, signaling progress in the crypto industry.

8/21/2023

Empowered Funds Files for Bitcoin Futures ETF

Asset management firm Empowered Funds has filed to list three Bitcoin Futures Exchange Traded Fund (ETF) products, with the primary advisor being Empowered Funds and sub-advisors being 21Shares and Ark Invest, aiming to attract institutional investors into the crypto market with regulatory oversight.

8/28/2023

Here Is the Full List of Spot Bitcoin ETF Applications and Deadlines

A series of Bitcoin Exchange Traded Fund (ETF) applications have been submitted to the SEC, potentially offering investors a more accessible way to invest in cryptocurrency and bridging the gap between traditional finance and digital assets.

8/30/2023

Cathie Wood Predicts $25,000,000,000,000 Crypto Market Valuation in 2030 Fueled by Institutional Bidding: Report - The Daily Hodl

ARK Invest CEO Cathie Wood predicts that the market capitalization of cryptocurrencies will increase by over 2,100% in less than seven years, driven by institutional investment and the potential approval of a Bitcoin exchange-traded fund (ETF), with the total crypto market cap potentially reaching $25 trillion by 2030.

9/5/2023

‘Market May Be Broadening Out’: Cathie Wood Loads Up on These 2 Innovation Stocks - TipRanks.com

Ark Invest CEO Cathie Wood's flagship Ark Innovation ETF has managed to outperform the market's rally in the first half of the year, suggesting that the market may be broadening out beyond the Magnificent Seven stocks (AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA) typically associated with market success, leading Wood to load up on innovators like Intellia Therapeutics (NTLA) and Pacific Biosciences (PACB).

9/6/2023

Cathy Wood's ARK Invest Files for First Spot Ether ETF

Asset managers ARK Invest and 21Shares have applied for regulatory approval for an exchange-traded fund (ETF) that would directly hold ether (ETH), the second largest cryptocurrency, with custody provided by Coinbase Custody Trust Company.

9/7/2023

Ark and 21Shares File for First Ether ETF Amid Heated Race for Crypto Fund Approvals

Cathie Wood's Ark fund and 21Shares are seeking to establish America's first spot ether ETF, promising a safer way to trade the second-largest cryptocurrency, as the race to launch ETFs backed by bitcoin gains momentum.

9/13/2023

Nasdaq Files for Approval of First Ethereum ETF with Futures Mix

The Nasdaq stock exchange has applied to the SEC to list an Ethereum ETF offered by Hashdex, which includes a combination of spot ether holdings and futures contracts, pioneering a new approach to cryptocurrency investment under the regulatory framework.

9/20/2023

Grayscale Files for Ether Futures ETF Using Novel Structure

Grayscale Advisors has filed for a new Ethereum futures exchange-traded fund (ETF) with the SEC, proposing to list and trade shares of the Grayscale Ethereum Futures Trust (ETH) ETF under the NYSE Arca Rule 8.200-E.

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Posted 8/24/2023, 11:47:10 PM