Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»ARK Invest is no longer a partner with 21 shares in the proposed spot Ethereum fund.
ADOPTION NEWS

ARK Invest is no longer a partner with 21 shares in the proposed spot Ethereum fund.

By Crypto FlexsJune 1, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
ARK Invest is no longer a partner with 21 shares in the proposed spot Ethereum fund.
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Updated: May 31, 2024, 6:46 PM EDT

ARK Invest will no longer be a partner of 21Shares for the proposed position. Ethereum ETH

+1.12%
The fund, according to an amended registration statement filed late Friday.

In the newly revised contents Form S-1, formerly known as Ark 21Shares Ethereum ETF, was changed to 21Shares Core Ethereum ETF. A 21Shares spokesperson confirmed the change in an emailed statement to The Block.

“Based on the filing details, ARK Invest will not serve as a partner for this ETF,” the spokesperson said. “We are enthusiastic about the SEC’s recent 19b-4 approval and remain committed to increasing accessibility to cryptocurrencies as an asset class for U.S. investors.”

The spokesperson added that 21Shares and ARK will continue to collaborate on the ARK 21Shares Bitcoin ​​ETF, which launched in January, along with other existing futures products.

An ARK spokesperson said in a statement:“We will not proceed with an Ethereum ETF,” he said, but he is still committed to the ARK 21Shares Bitcoin ETF.

“As for Ethereum, ARK believes in the transformative potential and long-term value of the Ethereum blockchain, but at this time ARK will not be pursuing an Ethereum ETF,” an ARK spokesperson said. “We will continue to evaluate efficient ways to provide investors with exposure in a way that fully leverages the benefits of this innovative technology.”

U.S. Securities and Exchange Commission Approved Last week, 19b-4 forms were filed for eight Ethereum ETFs. Issuers must ensure that the S-1 Statement is effective before commencing trading.

On Friday, issuers Franklin Templeton, VanEck and Invesco Galaxy contaminated Amended Form S-1.

Updated May 31 at 10:45 PM UTC time to include ARK’s statement.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Sarah is a reporter for The Block covering policy, regulation and legal events. She was previously a reporter writing about securities regulation at CQ Legal, where she first began her reporting on cryptocurrencies. She Sarah has also written for The Bond Buyer and American Banker, among other financial publications. She graduated from the University of Missouri with a degree in Print and Digital Journalism. Sarah lives in Washington, DC and she is an avid coffee lover. You can follow her on Twitter @ForTheWynn.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Mercatox Scam Cryptocurrency Trading and Investment Platform

January 11, 2024

Celebrity meme coin insider trading sparks debate over mainstream cryptocurrency adoption

May 31, 2024

ENS partners with GoDaddy to connect web domains with blockchain.

February 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.