ARK Invest, led by Cathie Wood, has filed for two crypto index ETFs tied to the CoinDesk 20 index, according to reports. One of the proposed funds will aim to replicate the CoinDesk 20 index precisely. The other ETF would track the same index but exclude Bitcoin. The development indicates continued interest from traditional financial firms in offering crypto-related investment products, providing exposure to digital assets through regulated investment vehicles.

ARK Invest, led by Cathie Wood, has filed for two crypto index ETFs tied to the CoinDesk 20 index, according to reports. One of the proposed funds will aim to replicate the CoinDesk 20 index precisely. The other ETF would track the same index but exclude Bitcoin. The development indicates continued interest from traditional financial firms in offering crypto-related investment products, providing exposure to digital assets through regulated investment vehicles.