BlockBeats news: On January 24, ARK Invest submitted applications for two new cryptocurrency ETFs to regulators. Both are tied to the CoinDesk 20 index, named the ARK CoinDesk 20 Crypto ETF and the ARK CoinDesk 20 ex-Bitcoin Crypto ETF.
Among these, the latter will exclude Bitcoin assets and focus on the performance of non-Bitcoin crypto assets. If approved, these two products will further expand the channels for traditional financial markets to access index-based allocations of crypto assets as a whole.

