21Shares announces plans to liquidate its Ethereum futures ETF "ARKY" and Bitcoin futures ETF "ARKC"
Golden Finance reports that cryptocurrency ETF issuer 21Shares has announced plans to liquidate two Bitcoin futures and Ethereum futures exchange-traded funds (ETFs) based on the company's routine review of its product lineup, market dynamics, and customer needs. These are: ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC). Holders need to sell their holdings before the end of trading day on March 27th, with liquidation expected to begin on March 28th. Despite the liquidation of these two ARK Invest-related ETFs, 21Shares reaffirms that its partnership with them remains unchanged.
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