Empowered Funds Announces Liquidation of Three Cryptocurrency ETFs by Late September

Empowered Funds has declared plans to liquidate three cryptocurrency exchange-traded funds (ETFs) in a move spearheaded by 21Shares US LLC and ARK Investment Management LLC. The affected ETFs are the ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA), the ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ), and the ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD). Their final trading day is slated for September 25th, with liquidation anticipated around September 26th.