ARK 21Shares revamps Ethereum ETF proposal with cash creation model and staking plan

Rony Roy

ARK 21Shares has recently adjusted its application for a spot Ethereum exchange-traded fund (ETF), shifting towards a cash-creation model akin to its previously approved spot Bitcoin ETF. The strategic amendment filed on Feb. 7 also includes plans to stake a…

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ARK 21Shares revamps Ethereum ETF proposal with cash creation model and staking plan