Cathie Wood’s ARK files for CoinDesk 20 crypto index ETFs
Cathie Wood’s ARK Investment Management has taken a bold step into diversified cryptocurrency investment products by filing with U.S. regulators to launch two new exchange‑traded funds (ETFs) tied to the CoinDesk 20 crypto index, a major milestone in bringing broader crypto market exposure into traditional markets beyond just Bitcoin.
The filings, submitted to the U.S. Securities and Exchange Commission (SEC) on January 23, propose ETFs that would track the CoinDesk Crypto 20 Index, a benchmark measuring the performance of 20 leading digital assets by adjusted market capitalization.
One ETF would cover Bitcoin and large altcoins like Ether, Solana, XRP, and Cardano, while another fund would exclude Bitcoin and use long index…
