Ark and 21Shares Have Submitted Three Bitcoin Futures ETF Applications Since Last Friday

08/15 00:40

Ark and 21Shares have submitted three Bitcoin futures ETF applications since last Friday.According to the documents submitted on August 11, one of the ETFs will invest in cash-settled Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME). The planned product name is Ark 21Shares Active Bitcoin Futures ETF (ARKA), which can also hold US Treasury bonds, money market instruments, and repurchase agreements.
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