Can you clarify who exactly owns Ark 21Shares
Bitcoin ETF? Is it Ark Investment Management, 21Shares, or a combination of both? Are there any other major stakeholders or investors in this ETF? Additionally, how does ownership of this ETF differ from traditional stock or bond ownership? Is there a specific way to invest in it, or is it accessible to a wide range of investors? Finally, what are the potential risks and benefits of owning Ark 21Shares Bitcoin ETF compared to other investment options?
6 answers
Valentina
Sat Aug 10 2024
Foreside Global Services LLC operates as the marketing representative for the ARK 21Shares Bitcoin ETF, a financial product that allows investors to gain exposure to the Bitcoin market through traditional investment channels.
HallyuHeroLegendaryStarShine
Fri Aug 09 2024
This lack of affiliation underscores the transparency and independence of the ETF, as well as the specialized expertise of each participant in the product's development and management.
Stefano
Fri Aug 09 2024
Among the various cryptocurrency exchanges available, BTCC stands out as a UK-based platform offering a diverse range of services, including spot trading, futures contracts, and digital wallet solutions. These services cater to the diverse needs of investors and traders in the cryptocurrency market.
Federico
Fri Aug 09 2024
In contrast, 21Shares US LLC serves as the sponsor of the ETF, taking on the responsibility of managing the fund and ensuring its compliance with regulatory requirements.
Raffaele
Fri Aug 09 2024
It's important to note that 21Shares is not affiliated with Foreside Global Services LLC, indicating that the two entities operate independently of each other.