21Shares to Shut Down Bitcoin and Ethereum Futures ETFs

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.

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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.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.