Ark Invest collaborates with 21Shares to propose a groundbreaking Ether ETF amidst ongoing SEC reviews on similar Bitcoin initiatives. The new investment venture, ARK 21Shares Ethereum ETF, has enlisted Coinbase as the custodian, utilizing the CME CF Ether-Dollar Reference Rate for performance measurement. The proposal joins a series of spot crypto ETFs awaiting the green light from the SEC, fueling anticipation and speculation in the investment community. In the backdrop of SEC delays on Bitc...