Cathie Wood's ARK Invest files for first US spot-ether ETF

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Cathie Wood's ARK Invest files for first US spot-ether ETF
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(Reuters) - Cathie Wood's Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Cathie Wood's Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund that would directly hold ether, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.

In a boost to the crypto sector, the U.S. District of Columbia Court of Appeals last month passed a landmark ruling that the SEC was wrong to reject an application from crypto asset manager Grayscale Investments to list an ETF that tracks the price of bitcoin.

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21Shares and Cathie Wood’s ARK File for First US Spot-Ether ETF21Shares and Cathie Wood’s ARK File for First US Spot-Ether ETFCrypto exchange-traded-products issuer 21Shares and Cathie Wood’s ARK Investment Management are seeking to offer the first US ETF that invests directly in Ether.
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Ark and 21Shares file for first spot Ether ETF in the U.S.Ark and 21Shares file for first spot Ether ETF in the U.S.Ark Invest and 21Shares have filed paperwork to launch a spot Ether exchange-traded fund (ETF), becoming the first to file for such a product in the U.S.
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