21Shares
Ethereum ETF’s Cash Creation Conundrum: Innovations and Concerns
ARK Invest and 21Shares have detailed a new cash creation and redemption mechanism for their latest filing of an Ethereum spot ETF. They say the new process takes an innovative approach by departing from the traditional processes of ETPs, which represent in-kind creation and redemption. Revolutionizing the Ethereum Creation Process The revised filing highlights that authorized […]
Bitcoin’s Surprising Comeback Fuels Record Investment Influx & ETF Optimism
Bitcoin has returned to attention due to a surprising comeback. Digital asset investments saw an impressive increase of $326 million within seven days. This extraordinary boost, the biggest since July 2022, mirrors heightened positivity from investors. Much of this optimism is heavily influenced by ideas that the US Securities and Exchange Commission (SEC) is close […]
Ark Invest And 21Shares File For First US Spot Ethereum ETF
Ark Investment Management, in collaboration with 21Shares, has submitted a new filing with the US Securities and Exchange Commission (SEC) for the first-ever spot Ether (ETH) exchange-traded fund (ETF) in the US, Bloomberg reported on September 6. The move comes after the regulatory authority delayed its decision on various BTC ETF applications, including one offered […]