21Shares announced plans to liquidate its Ethereum Futures ETF "ARKY" and Bitcoin Futures ETF "ARKC"
According to online reports, 21Shares, the issuer of cryptocurrency ETF, announced that it plans to liquidate two Bitcoin futures and Ethereum Futures exchange-traded funds (ETFs) based on the company's routine review of its product lineup, meeting market dynamics and customer needs. They are: ARK21 Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and ARK21 Shares Active On-Chain Bitcoin Strategy ETF (ARKC), holders must sell their funds before the end of the trading day on March 27, Liquidation is expected to begin on March 28. 21Shares reiterated that although it liquidates two ETFs related to ARK Invest, its partnership with it has not changed.
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