ARK Invest Files for CoinDesk 20-Based ETF Featuring BTC and Major Altcoins
ARK Invest submitted registration statements for two CoinDesk 20 index ETFs on Jan. 23, 2026, marking a notable push into multi-crypto products. One proposed fund would provide diversified exposure to Bitcoin alongside major altcoins such as ETH, SOL, XRP and ADA; the companion product would target those same altcoins but explicitly exclude Bitcoin and Bitcoin Cash. The filings come from Cathie Wood’s team as they expand offerings that go beyond single-asset funds. The move matters because an altcoin-focused ETF without Bitcoin is relatively rare and could attract investors seeking non-BTC exposure within an ETF wrapper. If approved, these products could broaden institutional and retail access to a basket of large-cap crypto assets, potentially shifting capital flows and offering a regulated route for diversified crypto allocation. The filings signal continued appetite from asset managers to innovate around index-based crypto strategies.