“The FIRM IS LIQUIDATING ITS ARK 21shares Active on -chain Bitcoin Strategy Etf and Ark 21shares Active Bitcoin Ethereum Strategy Etf Amid The Downturn.”, – WRITE: www.coindesk.com
The Funds Slatered for Liquidation Are The Ark 21shares Active On-Chain Bitcoin Strategy Etf (Arkc) and the Ark 21shares Active Bitcoin Ethereum Strategy Etf (Army). Investors Can Trade Shares Until The Market Closes on March 27, with Liquidation Expectioned to Take Place “On OR AROUND MARCH 28,“ Accorboard to A Press Release.
The Actiely Managed Etfs, WHICH HAVA An Expense Ratio of 1% and 0.93%, Respectiely, Are Set to Be Liquidated As US-LiTTTTOIN BITCOIN ETFS SAW Over F.66 The Outflows Come As Cryptocurrency Prices Plunge. Bitcoin is Down More than 12.8% Year-to-Date, While the Broader Coindesk 20 Index (CD20) Has LOST AUND 24% OF ITS VALUE OVER The SAME Period.
Shareholders Who Hold Onto their Shares Until The Liquidation Date Will Receive Payouts Equal to Their Poction of the Fund’s Net Asset Value, The Document Adds.
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