Ark Invest has decided to withdraw from the race to launch an Ether ETF, leaving 21Shares to continue on with their rebranded fund. The decision by Ark Invest comes as a surprise to many in the crypto community, as they were seen as a strong contender in the competition. Despite this setback, 21Shares remains committed to offering an Ether ETF and has rebranded their fund to reflect this determination. The move by Ark Invest has caused speculation among investors, with many wondering what prompted their exit from the race. As the competition heats up, all eyes are now on 21Shares as they push forward with their plans to launch an Ether ETF.
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