ARK Invest pulls Ethereum ETF app
According to Odaily, ARK Invest, led by Cathie Wood, has withdrawn its application for the ETF, without providing an official reason for the withdrawal. Analysts believe this withdrawal may be related to recent competition over fees in the ETF market. It is reported that $ARK ARK Invest has been pushing for the launch of an Ethereum ETF $ETH in the past few months. However, in the face of competitors who are constantly lowering fees to attract investors, ARK Invest may have reevaluated its strategy.
