Nov 10, 9:54 pm
Blockworks
Ark Invest and 21Shares to Debut Managed Bitcoin and Ethereum Futures Funds
Ark Invest and 21Shares are set to launch five bitcoin and ether futures-based funds next week, as the industry awaits approval for spot crypto ETFs. These actively managed funds will offer different investment strategies, including a fund that allocates to both BTC futures and ETH futures using historical pricing relationships and fundamental analysis. While the demand for these products is uncertain, the recent positive flows into crypto-related offerings suggest continued interest in futures-based funds.