21Shares will liquidate two of its Bitcoin and Ethereum futures contracts ETFs

21Shares has just announced that he would liquidate two of his funds negotiated on the stock market after a routine exam.

21Shares a announcement plans to liquidate two of its Fund negotiated in exchange who invest Bitcoin (BTC) and Ethereum (Ethn) Future. More specifically, he will liquidate the Bitcoin Active Bitcoin strategy FNB Ark 21Shares and the Bitcoin Ark 21Shares strategy FNB on the channel, both negotiated on CBOE BZX. The last day to buy or sell shares of these FNBs is March 27. On March 28, the two will be officially liquidated. Shareholders who do not sell before the date will receive species according to the value of their shares when the fund is closed.

The reason for the closure of these funds is that they no longer correspond to the 21Shares strategy, given the current market and the needs of customers. Despite the closure of these two funds, 21hares and Invested ark are always determined to offer cryptographic investment products in the United States.

Ark 21Shares ETF of active bitcoin bitcoin strategy (Arky) invests both in Bitcoin and Ethereum term contracts. The objective of the fund is to outperform the detention of the two assets on a market cycle. Its return for the year at the start of the year was negative at -25.15%.

ARK 21Shares active on the Bitcoin Strategy ETF channel (ARKC) invests in Bitcoin term contracts and cash equivalents, aimed at output Bitcoin by taking advantage of standard financial analysis models and chain assessment models. Its return at the beginning of the year is also negative at -16.05%.