ARK 21Shares is moving ahead with plans to launch a spot Ethereum ETF
, ETF analysts James Seyffart and Eric Balchunas recently raised the likelihood of Ethereum futures ETFs receiving approval to 75%, matching the odds they gave to Bitcoin futures ETFs last year. Grayscale Investments is pushing the U.S.
Securities and Exchange Commission to quickly approve its conversion of the Grayscale Bitcoin Trust into an ETF after a court ruling that the SEC had erred in its initial rejection of the application. The SEC, which has until mid-October to seek reconsideration, could either approve Bitcoin ETFs this year or delay the process until 2024 if it decides to appeal the court decision.
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ARK Invest and 21Shares file with SEC for spot ether ETFArk Invest and 21shares have applied with the Securities and Exchange Commission for a spot ether ETF, according to a filing dated Sept. 6.
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Cathy Wood's ARK Invest Files for First Spot Ether ETFThe Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.
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Indiana Jones and the Raiders of the Lost Ark (1981)The most popular and well-received film in the Indiana Jones movie franchise, Raiders of the Lost Ark follows Harrison Ford's Indiana Jones in a race against Nazi forces to recover the famed Ark of the Covenant. Aided by his former lover, Marion Ravenwood (Karen Allen), Indy must work to keep the Nazis, led by Dr. Rene Belloq, from obtaining the Ark and thus becoming recipients of its power. The film is widely regarded as one of the all-time greatest movies ever made.
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