21Shares to Shut Down Bitcoin and Ethereum Futures ETFs
16.03.2025 8:00 1 min. read Alexander Stefanov
21Shares has decided to shut down its Bitcoin and Ethereum futures ETFs, with liquidation expected to take place by March 28.
This move comes as the ETF landscape in the U.S. continues to evolve with new filings.
The affected funds include the ARK 21Shares Active Bitcoin Ethereum Strategy ETF and the ARK 21Shares Active On-Chain Bitcoin Strategy ETF.
Although the company has not provided a specific reason for the decision, it cited a routine review of its offerings and the need to adapt to market trends and investor demands.
Industry observers, however, speculate that persistent outflows from crypto ETFs may have played a role in the decision. Investors have until March 27 to sell their shares before trading ceases.
Any remaining holdings will be liquidated the following day, with shareholders receiving payouts based on their stake in the fund.
-
1
Top 5 Most Discussed Cryptocurrencies Right Now
04.03.2025 10:00 2 min. read -
2
David Sacks Slams U.S. Bitcoin Sales, Says Taxpayers Lost Billions
07.03.2025 9:00 2 min. read -
3
Crypto Expert Predicts Bitcoin Could Become Unaffordable as Governments Rush to Accumulate
15.02.2025 8:00 1 min. read -
4
BlackRock Adds Bitcoin ETF to Financial Advisor Portfolios, Potentially Boosting Demand
01.03.2025 17:00 2 min. read -
5
Top Economist Warns of a Major Risk for Michael Saylor’s Bitcoin Strategy
26.02.2025 18:14 1 min. read
Bitcoin Whale Places $368M Short Bet Ahead of Key Economic Reports
A major Bitcoin investor has placed a high-stakes bet on a short-term price drop, committing hundreds of millions of dollars just as a crucial week of economic reports looms.
Dogecoin Sees Massive Spike in Activity Despite Price Decline
Dogecoin’s network has seen a massive uptick in activity, with the number of active addresses skyrocketing by 400%, according to blockchain analytics.
Investors Shift Focus from Memecoins to Fundamental Altcoins
Ella Zhang, head of YZi Labs (formerly Binance Labs), has observed a noticeable change in crypto investment patterns.
Solana Faces Crucial Price Levels: Will a Reversal Happen or Will Decline Continue?
Solana has recently dipped to its lowest value since August 2024, prompting analysts at MakroVision to examine its price movement and determine what might come next.
-
1
Top 5 Most Discussed Cryptocurrencies Right Now
04.03.2025 10:00 2 min. read -
2
David Sacks Slams U.S. Bitcoin Sales, Says Taxpayers Lost Billions
07.03.2025 9:00 2 min. read -
3
Crypto Expert Predicts Bitcoin Could Become Unaffordable as Governments Rush to Accumulate
15.02.2025 8:00 1 min. read -
4
BlackRock Adds Bitcoin ETF to Financial Advisor Portfolios, Potentially Boosting Demand
01.03.2025 17:00 2 min. read -
5
Top Economist Warns of a Major Risk for Michael Saylor’s Bitcoin Strategy
26.02.2025 18:14 1 min. read
