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Empowered Funds announced plans to liquidate three Crypto Assets ETFs this month.
PANews, September 9th news, according to PRNewswire, the fund company Empowered Funds announced the liquidation of three cryptocurrency ETFs, which are managed by 21Shares US LLC and ARK Investment Management LLC as secondary advisors. These ETFs are: ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA), ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ), and ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD). It is reported that the last trading day for the relevant ETFs is September 25, and the liquidation date is expected to be around September 26.