21Shares Updates Ethereum ETF Application and Ends Partnership with ARK Invest

21Shares has filed an updated application for its Ethereum spot ETF S-1, rebranding the fund from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. Additionally, ARK Invest has ended its partnership with 21Shares and will no longer be involved with the ETF. The newly amended Form S-1 indicates no updated fees. Despite recognizing Ethereum’s groundbreaking potential and long-term value, an ARK Invest representative confirmed that the firm has decided not to proceed with an Ether ETF, citing a need to reassess its investment strategy. This decision does not affect the ongoing collaboration between 21Shares and ARK Invest on other