Back

VanEck, 21Shares, and ARK Invest File Crypto ETF Applications with SEC

Major asset managers submitted new crypto ETF proposals to the U.S. Securities and Exchange Commission during the ongoing government shutdown.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Crypto ETF: An exchange-traded fund that provides exposure to cryptocurrencies, allowing investors to trade shares representing digital asset holdings.
  • SEC: The U.S. Securities and Exchange Commission, the regulatory authority overseeing securities markets, including ETFs and digital asset-related offerings.
  • Government Shutdown: A situation where U.S. federal government offices partially close due to lack of funding, potentially affecting regulatory timelines.