Cathie Wood’s Ark Invest Files for BTC, ETH, SOL, XRP, ADA Crypto Index ETF
Cathie Wood’s ARK Invest has submitted registration statements for two index crypto ETFs, tracking the CoinDesk 20 index. One of them provides exposure to Bitcoin alongside altcoins such as ETH, SOL, XRP, and ADA, while the other simply focuses on these altcoins and excludes the flagship crypto and Bitcoin Cash.
Ark Invest Files S-1 For CoinDesk 20 Crypto ETF
An SEC filing shows that the asset manager has filed an S-1 for the ‘ARK CoinDesk 20 Crypto ETF,’ which will track the daily performance of the CoinDesk 20 index. This Index consists of BTC, ETH, XRP, SOL, ADA, LINK, XLM, BCH, SUI, AVAX, LTC, HBAR, CRO, UNI, AAVE, NEAR, APT, POL, ICP, and DOT.
Ark Invest plans to list this crypto ETF on the NYSE Arca. To achieve the…
