ARK Invest Files for Two Crypto Index ETFs Tracking CoinDesk 20, Expanding ETF Access to Bitcoin and Ethereum

ARK Invest, the investment firm led by Cathie Wood, has submitted applications to the U.S. Securities and Exchange Commission (SEC) for two new cryptocurrency exchange-traded funds (ETFs). The proposed funds are designed as index ETFs linked to the CoinDesk 20 Index. This index tracks the performance of major digital assets, including leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The filing represents a strategic move to provide investors with regulated exposure to a diversified basket of crypto assets through a traditional ETF structure. This development follows the recent approval of spot Bitcoin ETFs and signals continued institutional interest in the cryptocurrency market. The success of the applications is subject to regulatory review and approval by the SEC.