ARK Invest Enters Broader Crypto ETFs With CoinDesk 20

ARK Invest Enters Broader Crypto ETFs With CoinDesk 20
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The filing numbers are continuously increasing, showing a surged interest of institutional investors.
Other companies, such as 21Shares, have also updated filings for funds associated with various crypto assets. 

The American investment management firm ARK Invest has filed with U.S. regulators to roll out two crypto index exchange-traded funds associated with the CoinDesk 20 index, highlighting the first push of the company into wider crypto exposure after Bitcoin. 
As per the regulatory filing, the given ETFs would trace down the daily performance of the CoinDesk 20 index, leveraging regulated futures contracts instead of holding crypto directly. A single fund would consist of Bitcoin with other prominent altcoins like Ether, Solana, XRP and Cardano. 
Meanwhile, the second product will keep out Bitcoin completely by pairing long index futures with short Bitcoin futures. Both funds are anticipated for NYSE Arca listing, placing ARK along with other companies as compe

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We współpracy z: https://thenewscrypto.com/ark-invest-enters-broader-crypto-etfs-with-coindesk-20/

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