Ark and 21Shares amend spot Ethereum ETF with cash creation/redemption policy

CAT February 7, 2024 1 min read

Mike Dalton

Ark Invest and 21Shares amended their joint application for a spot Ethereum exchange-traded fund (ETF) in a Feb. 7 S-1 filing. According to one section, financial firms that are allowed to purchase and redeem ETF shares will only have access to cash creations and redemptions. They will not have access to in-kind creations and redemptions […]

The post Ark and 21Shares amend spot Ethereum ETF with cash creation/redemption policy appeared first on CryptoSlate.

Go here to Read this Fast! Ark and 21Shares amend spot Ethereum ETF with cash creation/redemption policy

Originally appeared here:
Ark and 21Shares amend spot Ethereum ETF with cash creation/redemption policy

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

US Judges Demand Explanation from SEC for its Refusal to Set Clear Crypto Rules

Bitcoin price drop caused by profit-taking and macroeconomic conditions

MoonPay kicks off 2025 with acquisition of Helio to advance the future of crypto payments

You may have missed

Roadmap to Becoming a Data Scientist, Part 3: Machine Learning

Like Roborock, Dreame is also working on a mechanical arm for its robot vacuums

Red Hat bets big on AI with its Neural Magic acquisition

How many software updates does the OnePlus 13 get?