🚀 Exciting news in the crypto world! ARK Invest and 21Shares have filed for regulatory approval for an exchange-traded fund (ETF) that will invest directly in ether (ETH) in the US. 🌟

🔹 This is the first fund to invest directly in ETH in the US.

🔹 The fund will hold assets with Coinbase Custody Trust Company.

🔹 The SEC's decision is expected in mid-October at the latest. 📅

A positive step for ETH and cryptocurrencies! 🎉