Hey kids, did you hear about some cryptocurrency funds closing down? It's like closing a store that isn't selling much anymore. A company called 21Shares decided to stop two of its investment funds.
These funds were special ways to invest in Bitcoin and Ethereum, two popular cryptocurrencies. Think of them like baskets of digital coins.
They weren't doing so well, so the company is closing them. Don't worry, it's not a big crypto crash!
- Two funds are closing: ARKY and ARKC.
- They invested in Bitcoin and Ethereum.
- The last day to buy or sell is March 27th.
- Investors will get their money back.
| Fund | Year-to-Date Return |
|---|---|
| ARKY (Bitcoin & Ethereum) | -25.15% |
| ARKC (Bitcoin) | -16.05% |
