ETF News: @ARKInvest files two new S-1 applications for digital asset basket ETFs. ARK CoinDesk 20 Crypto ETF and ARK CoinDesk 20 ex-Bitcoin Crypto ETF The ETF's goals: One tracks the performance of the CoinDesk 20 Index, and one excluding Bitcoin. The CoinDesk 20 Index is basically the top 20 cryptocurrencies by market cap (similar to a "crypto blue-chip" basket, like the S&P 500 but for crypto). Bitcoin is usually the dominant one (often ~50%+ weight), so this ETF strips BTC out to give exposure to the rest of the top altcoins/Ethereum-heavy basket (e.g., ETH, SOL, XRP, ADA, etc., depending on current rankings and rebalancing).