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ARK Invest submits an application for a Crypto 20 ETF from CoinDesk
ARK Invest asset manager has officially filed a request with US regulatory authorities to create an exchange-traded fund (ETF) that will track CoinDesk’s Crypto 20 index. This initiative, first reported by Bloomberg ETF analyst Eric Balchunas, illustrates ARK Invest’s growing involvement in the cryptocurrency investment products sector. This new fund tracking this benchmark index would represent a significant expansion of the company’s product offerings in the digital asset ecosystem.