ARK Invest and 21Shares jointly submitted an application for a spot Ethereum ETF to the SEC

2023-09-07 08:18:50
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ChainCatcher news, according to a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday, asset management firms ARK Invest and 21Shares have submitted an application for a spot Ethereum ETF. The fund is named "ARK 21Shares Ethereum ETF," which will directly invest in ETH and trade on the Cboe BZX exchange. 21Shares is the sponsor of the trust, Delaware Trust Company is the trustee, and Coinbase Custody Trust Company is the custodian.

Additionally, Cboe BZX has also submitted a 19b-4 filing for the VanEck Ethereum spot ETF, with Coinbase acting as the monitoring sharing partner. According to previous reports, ARK Invest and 21Shares have jointly submitted two applications for Ethereum futures ETFs, and the SEC is expected to make a decision by mid-October.

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