ARK spokesperson: We will continue to evaluate effective ways to provide investors with opportunities to access this innovative technology

Golden Finance reported that according to a revised prospectus (i.e. S-1) submitted to the U.S. Securities and Exchange Commission on Friday evening, Ark's name has been removed from the company's spot Ethereum ETF application submitted in cooperation with 21Shares. The name of the fund has been changed from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. An ARK spokesperson said by email that at present, ARK will not advance the development of an Ethereum ETF. We will continue to evaluate effective ways to provide our investors with opportunities to access this innovative technology to fully utilize its advantages.