(Reuters) - Cathie Wood's Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday.
It is the first attempt to list a fund in the U.S. that would directly invest in ether, the second-largest cryptocurrency by market capitalization.
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