ARK Invest and 21Shares Introduce New Crypto Investment Suit
ARK Invest, led by Bitcoin advocate Cathie Wood, has partnered with 21Shares, an ETP provider, to launch a new investment suit that offers exposure to Bitcoin and Ethereum futures contracts. This move aims to provide investors with more options for adding digital assets to their portfolios, making cryptocurrency investments more accessible and flexible.
No Direct Investments into Spot BTC
According to 21Shares’ website, the new suite of five products is set to start trading soon, with listings on the Chicago Board Options Exchange. The ETF will track the performance of the S&P Bitcoin Index, offering exposure to Bitcoin’s price without direct investments into spot BTC.
Hot Take: ARK Invest and 21Shares Expand Crypto Investment Options
With the collaboration between ARK Invest and 21Shares, investors now have a wider range of crypto investment options. This partnership reflects the growing interest in cryptocurrency investments and demonstrates a commitment to providing innovative solutions for investors seeking exposure to digital assets.
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