21Shares is liquidating two cryptocurrency ETFs to align with market dynamics and client needs.

From GlobeNewswire: 2025-03-13 16:11:17

21Shares US LLC, a major issuer of crypto exchange traded funds, announced the liquidation of two bitcoin and ethereum futures ETFs to align with market dynamics and client needs. Shareholders can sell holdings before March 27, 2025, with liquidation on or around March 28, 2025. Shareholders who hold shares on the liquidation date will receive a distribution. Tax implications may apply. 21Shares aims to make cryptocurrency accessible to investors and bridge traditional and decentralized finance. ARK Investment Management LLC, the Funds’ sub-advisor, remains a committed partner in advancing regulated cryptocurrency products in the U.S. market.



Read more at GlobeNewswire: 21Shares to Liquidate of Two ETFs