Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) experienced a historic daily outflow of over $87 million on April 2. This marked the first time that the fund witnessed a larger daily outflow than Grayscale’s Bitcoin Trust (GBTC) since the…
ARK and 21Shares Partner to Launch New Crypto-Focused ETFs
In a groundbreaking move that signifies a pivotal moment for both traditional finance and the crypto sphere, Coinbase has unveiled the 21 Shares initiative. This initiative introduces a suite of actively managed digital asset Exchange-Traded Funds (ETFs), amplifying the platform’s…
SEC Postpones ARK 21Shares Bitcoin ETF Decision to Next Year
In a recent development that has captured the attention of the cryptocurrency market, the Securities and Exchange Commission (SEC) has decided to postpone its decision on the proposed ARK 21Shares Bitcoin ETF. This delay has significant implications for investors and…