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

21Shares has just announced that he will liquidate two of his funds quoted in exchange after a routine review.

21Shares has announced It plans to liquidate two of its bags quoted in the stock market that bitcoin's futures (btc) and ethereum (eth) invest. Specifically, the ETF of the bitcoin ethereum Ark 21Shares Active bitcoin and the ARK 21Shares Active On Chain bitcoin Strategy ETF strategy will be settled, both merchant in CBOE BZX. The last day to buy or sell shares of these ETF is March 27. On March 28, both will be officially settled. Shareholders who do not sell to date will receive cash depending on the value of their shares when the fund is closed.

The reason to close these funds is that they no longer fit the 21Shares strategy, given the current market and customer needs. Despite closing these two funds, 21Shares and Ark Invest are still committed to offering cryptographic investment products in the United States.

Ark 21Shares Active bitcoin ethereum Strategy ETF (Arky) invests both in bitcoin and ethereum's futures contracts. The objective of the fund is to overcome both assets in a market cycle. Its performance to date has been negative at -25.15%.

Ark 21Shares active in the ETF chain bitcoin strategy (ARKC) invests in bitcoin futures contracts and cash equivalents, with the aim of overcoming bitcoin taking advantage of standard financial analysis models and chain assessment models. Its performance to date is also negative at -16.05%.