The post Ark Invest Withdraws From ETH ETF Application appeared first on Coinpedia Fintech News
While most of the applicants amended their S-1 filings, Cathie Wood’s Ark Invest has decided to withdraw from the application while also withdrawing its partnership with 21 shares. 21Shares will now proceed with the Ethereum ETF independently. However, ARK and 21Shares continue to remain partners on Bitcoin and futures ETFs. Furthermore, Eric Balchunas also noted that there were no fees listed in any of the new S-1 filings which indicates a pause on the expected fee war.
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