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Bitcoin.com 2024-06-01 21:23:38

Cathie Wood’s Ark Invest Halts Spot Ethereum ETF Plans

Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects Ark’s decision not to pursue the ether ETF at this time. Despite this, Ark remains committed to

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