ETH - Ark Invest Files For New Ethereum ETF With 21Shares | Benzinga
Ark Invest, in collaboration with 21shares, submitted a proposal to the Securities and Exchange Commission (SEC) for an Ethereum (CRYPTO: ETH)-based ETF, according to a filing on Sept. 6.
The proposed ETF, named ARK 21Shares Ethereum ETF, aims to offer investors direct access to Ethereum.
The ETF will be listed on the Cboe BZX Exchange, utilizing the CME CF Ether-Dollar Reference Rate-New York Variant for its operations.
This move, which is gaining traction in the financial world, will be a topic of discussion at the upcoming ...