ARK Invest Withdraws from Spot ETH ETF
June 1, 2024
Cathie Wood’s ARK Invest has amended its S-1 filing, revealing that ARK Invest will no longer partner with 21Shares on the proposed spot Ethereum ETF. Previously named the Ark 21Shares Ethereum ETF, the fund is now rebranded as the 21Shares Core Ethereum ETF. A spokesperson confirmed the news and added that 21Shares and ARK will continue collaborating on the ARK 21Shares Bitcoin ETF launched in January and other existing futures products.