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<p class="is-style-lead">ARK Invest, the investment management firm spearheaded by prominent Bitcoin advocate Cathie Wood, has teamed up with 21Shares, an exchange-traded product (ETP) provider, to introduce users to a suit that will give users exposure to Bitcoin and Ethereum futures contracts.</p>
<p>According to the Nov. 8 post on X, the initiative will offer investors a diverse range of options for incorporating digital assets into their trading portfolios, enhancing the accessibility and flexibility of cryptocurrency investments.</p>
<h2 class="wp-block-heading" id="no-direct-investments-into-spot-btc">No direct investments into spot BTC</h2>
<p>As outlined in the&nbsp;<a target="_blank" href="https://21shares-funds.com/" rel="noopener noreferrer nofollow">21Shares website</a>, a set of five products is slated to commence trading in the upcoming week, with these exchange-traded funds securing listings on the Chicago Board Options Exchange.&nbsp;</p>
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   <p lang="en" dir="ltr">The countdown begins: today, 21Shares and ARK Invest announce the upcoming launch the ARK and 21Shares Digital Asset ETF Suite.<br><br>The ETF suite uses crypto-specific insights alongside traditional indicators. <a href="https://t.co/dkg8aTCtVR" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/dkg8aTCtVR</a></p>— 21Shares Funds (@21shares_funds) <a href="https://twitter.com/21shares_funds/status/1722267366409826654?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 8, 2023</a>
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<p>Notably, the company clarified its position, emphasizing that it will not facilitate direct investment in spot BTC.</p>
<p>You might also like: <a href="https://crypto.news/ark-invest-and-21shares-refine-bitcoin-etf-filing-hint-at-progress/" rel="noopener noreferrer nofollow"> ARK Invest and 21Shares refine Bitcoin ETF filing, hint at progress </a></p>
<p>In a disclaimer, the company advised investors seeking exposure to BTC’s price to explore alternative investment avenues.</p>
<h2 class="wp-block-heading" id="a-bitcoin-etf-still-on-the-way">A Bitcoin ETF still on the way</h2>
<p>At the same time, ARK Invest and 21Shares have continued to work on their filing for a bitcoin exchange-traded fund, what experts in an Oct. 12 report suggest is a sign that both parties were working jointly with the&nbsp;<a target="_blank" href="https://crypto.news/ark-invest-and-21shares-refine-bitcoin-etf-filing-hint-at-progress/" rel="noopener noreferrer nofollow">SEC</a>.</p>
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<p>The ETF would provide exposure to the price of Bitcoin by tracking the performance of the S&amp;P Bitcoin Index.</p>
<p>Read more: <a href="https://crypto.news/us-sec-delays-ark-21shares-bitcoin-etf-ruling-until-january-2024/" rel="noopener noreferrer nofollow"> US SEC delays ARK 21Shares Bitcoin ETF ruling until January 2024 </a></p>

21Shares collaborates with ARK on digital asset ETF suite

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