21Shares to liquidate ARKY and ARKC ETFs after strategy shift, effective March 28. ARKY and ARKC ETFs saw negative YTD returns, with ARKY at -25.15% and ARKC at -16.05%. Bitcoin price rises to $84,008, while Ethereum sees a 0.92% increase, despite volume drops. 21Shares is shutting down two of its cryptocurrency ETFs : the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC). This decision follows a routine product review and market assessment, suggesting a shift in the company’s strategy. Shareholders must sell their holdings by March 27, 2025, and the liquidation process will begin on March 28. 21SHARES TO LIQUIDATE OF TWO ETFS — PiQ (@PiQSuite) March 13, 2025 Why Are These ETFs Closing? Both ETFs, which trade on the Cboe BZX, are being closed because of a shift in 21Shares’s product strategy. ARKY, which invests in both Bitcoin and Ethereum futures contracts, aims to outperform these two assets over the market cycle. However, its year-to-date return has been negative at -25.15%. Meanwhile, ARKC, which focuses on future Bitcoin contracts and cash equivalents, has also seen ne… The post 21Shares announces the closure of two actively-managed cryptocurrency ETFs, impacting Bitcoin and Ethereum futures appeared first on Coin Edition .