Ark Invest and 21Shares partner to launch digital asset ETF suite Ark Invest and 21Shares partner to launch digital asset ETF suite
Investment management firm Ark Invest, led by pro-**Bitcoin** investment veteran Cathie Wood, has collaborated with exchange-traded product (ETP) provider 21Shares to launch a new suite of digital asset exchange-traded funds (ETFs). The move aims to provide a “robust set of options” for investors looking to get digital assets into their trading portfolio.
Collaboration between Ark Invest and 21Shares
The collaboration between **Ark Invest** and 21Shares has resulted in the announcement of a new suite of digital asset exchange-traded funds (ETFs). This partnership is aimed at offering investors a diverse range of options for incorporating digital assets into their investment portfolios.
Utilizing on-chain signals and experience
According to the 21Shares website, the companies will utilize on-chain signals and their crypto-native experience to deliver “long-term capital appreciation” by investing in **Bitcoin** (BTC) and **Ether** (ETH) futures contracts.
New suite of digital asset ETFs
The companies have released prospectuses for five products that are scheduled to start trading in the next week. These ETFs will be listed on the Chicago Board Options Exchange (CBOE).
Investors will have the opportunity to invest in Bitcoin and Ethereum futures through the newly introduced ETF suite. Additionally, the “ARK 21Shares Blockchain and Digital Economy Innovation ETF” is designed to invest in public equities of companies within the blockchain industry, providing a holistic exposure to the growth of blockchain technology.
Potential approval by the SEC
Bloomberg analysts have speculated about the possibility of the United States Securities and Exchange Commission (SEC) approving Bitcoin ETF filings. The analysts highlighted the potential for the SEC to approve all 12 ETF filings if the agency decides to allow the concept. However, it’s important to note that this is purely speculative.
The collaboration between **Ark Invest** and 21Shares marks a significant step in providing investors with diverse opportunities to incorporate digital assets into their investment portfolios. The newly announced suite of ETFs offers a range of options, including exposure to **Bitcoin** and **Ethereum** futures, as well as investments in companies within the blockchain industry. While the potential approval of Bitcoin ETF filings by the SEC remains speculative, it underscores the growing interest in digital asset investment opportunities.
List of related ETFs:
- ETFs for Bitcoin and Ethereum futures
- ARK 21Shares Blockchain and Digital Economy Innovation ETF
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