ARK INVEST AND 21SHARES FILE WITH SEC FOR SPOT ETHER ETF

Summary from the TLDR Crypto newsletter

Ark Invest and 21shares have submitted an application to the SEC for the authorization of a spot ether ETF called the ARK 21Shares Ethereum ETF. If approved, the fund would give investors direct exposure to ether on the Cboe. The SEC, which is yet to approve a spot crypto fund, recently postponed decisions on the spot Bitcoin ETF applications that were filed by several funds earlier in the summer.