Overview
- ARK filed to list two ETFs tied to the CoinDesk 20 that use regulated futures rather than holding tokens directly.
- One product would include Bitcoin and major altcoin futures, while a second targets ex‑Bitcoin exposure by pairing long index futures with short Bitcoin futures on NYSE Arca.
- January 23 trade disclosures show buys of about $9.4 million in Coinbase, $9.2 million in Circle, and $3.2 million in Bullish, alongside a $16.0 million Broadcom purchase.
- ARK’s crypto-linked equity exposure across its ETFs now exceeds $1.3 billion, with Coinbase the largest position at roughly $393 million.
- The filing enters a field with futures-based CoinDesk 20 efforts from WisdomTree and ProShares, while Bitcoin fell about 2% in the past day and recent crypto weakness has weighed on ARK funds.