21Shares Liquidates Bitcoin & Ether ETFs Amid Market Turbulence

Mar 16, 2025, 10:50 a.m. 4 sources
21Shares, a prominent crypto asset manager, announced the liquidation of two actively managed ETFs tied to Bitcoin and Ether futures (ARKC and ARKY) amid a significant market downturn. The move comes as investor outflows exceed $1.66 billion from U.S.-listed spot Bitcoin ETFs, and Bitcoin has fallen over 12.8% year-to-date with the broader crypto index down about 24%. The liquidation, set for around March 28, reflects growing investor caution during a period of market volatility. Although the short-term outlook appears bearish, both BTC and ETH have historically shown resilience. In the long run, institutional trust, network upgrades, and robust market fundamentals may help these flagship cryptocurrencies recover once market conditions stabilize.
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