21Shares has updated its S-1 registration application for its Ethereum spot ETF, renaming the fund from "Ark 21Shares Ethereum ETF" to "21Shares Core Ethereum ETF". Earlier reports stated that ARK Invest has ended its partnership with 21Shares and will no longer be involved in the ETF project.

ARK 21Shares Bitcoin ETF (ARKB) has updated its Bitcoin holdings data, showing that the net asset value of ARKB holdings has exceeded $2 billion, reaching $2,105,483,376.29 at the time of writing. In addition, the current amount of Bitcoin held by ARKB is 33,924.421 BTC.

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ARK 21Shares Bitcoin ETF (ARKB) has updated its Bitcoin holdings data, showing that ARKB's holdings have exceeded 30,000 coins for the first time, reaching 30,074.75 BTC with a value of approximately $1.535 billion at the time of writing. In addition, data shows that on February 20th, Tuesday of this week, ARKB set its third-largest single-day increase in holdings to date, adding 2,699.9 BTC, second only to February 12th (adding 2,865 BTC) and January 17th (adding 2,830 BTC).

21Shares US, a subsidiary of 21Shares, announced that it is recruiting a compliance director who will be responsible for designing, implementing, and ensuring the effectiveness of compliance plans within the United States, as well as managing compliance plans in other jurisdictions.

Switzerland-based 21Shares, the largest crypto ETF player in Europe, has launched five funds in the US that will actively manage Bitcoin and Ethereum futures products in an ETF wrapper. The firm's active management approach sets it apart from competitors, and it has a tie-up with billionaire Cathie Wood's Ark Invest. However, the US market is highly competitive, and the success of 21Shares' new crypto futures funds will be a good indicator of how the European brand will fare in the fight for market share.