ARK Files SEC Registration for Crypto ETF Benchmark Led by Bitcoin, Ether, XRP
ARK Investment Management has filed a registration statement with the U.S. Securities and Exchange Commission for a new cryptocurrency exchange-traded fund benchmarked to the CoinDesk 20 Index, according to a Form S-1 filing dated Jan. 23. The proposed product, called the ARK CoinDesk 20 Crypto ETF, would offer broad exposure to major digital assets, led by Bitcoin, Ether, and XRP.
The filing shows the ETF is expected to list on NYSE Arca, subject to regulatory approval. ARK is listed as the sponsor and commodity pool operator, registered with the Commodity Futures Trading Commission. The filing marks another attempt by a major asset manager to expand regulated crypto investment products beyond single-asset Bitcoin and Ether funds.
