CryptoETFs #Bitcoin #Ethereum #ETFLiquidation #CryptoMarket
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Two Crypto ETFs Set for Liquidation: What’s Happening?
On March 15, 2025, 21Shares, a prominent crypto asset manager, announced the liquidation of two actively managed cryptocurrency exchange-traded funds (ETFs): the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC) and the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). This decision comes amid a broader market downturn, with U.S.-listed spot Bitcoin ETFs experiencing $1.66 billion in outflows this month alone. Shareholders can trade these ETFs until March 27, with liquidation slated for March 28, signaling the end of these funds.
The move follows a routine product review by 21Shares, in collaboration with ARK Invest, to align offerings with evolving market dynamics. ARKC and ARKY, with expense ratios of 1% and 0.93%, respectively, have struggled with poor performance—ARKY down 25.15% and ARKC 16.05% year-to-date. Posts on X highlight investor frustration, with some questioning if the “strategy alignment” excuse masks deeper issues tied to these losses.
This liquidation reflects broader challenges in the crypto $ETH space. $BTC 12.8% drop since January and a 24% decline in the CoinDesk 20 Index underscore the market’s volatility. Yet, 21Shares remains committed to regulated crypto products in the U.S., suggesting this is a tactical retreat, not a surrender. For investors, it’s a reminder of the risks in futures-based ETFs during turbulent times.
#CryptoETFs #Bitcoin #Ethereum #ETFLiquidation #CryptoMarket
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The move follows a routine product review by 21Shares, in collaboration with ARK Invest, to align offerings with evolving market dynamics. ARKC and ARKY, with expense ratios of 1% and 0.93%, respectively, have struggled with poor performance—ARKY down 25.15% and ARKC 16.05% year-to-date. Posts on X highlight investor frustration, with some questioning if the “strategy alignment” excuse masks deeper issues tied to these losses.
This liquidation reflects broader challenges in the crypto $ETH space. $BTC 12.8% drop since January and a 24% decline in the CoinDesk 20 Index underscore the market’s volatility. Yet, 21Shares remains committed to regulated crypto products in the U.S., suggesting this is a tactical retreat, not a surrender. For investors, it’s a reminder of the risks in futures-based ETFs during turbulent times.
#CryptoETFs #Bitcoin #Ethereum #ETFLiquidation #CryptoMarket
🤝Follow me for more crypto insights and updates!
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