Just saw ARK Invest is filing for two new crypto index ETFs tracking CoinDesk 20. One would give you exposure to the major coins like BTC, ETH, SOL, XRP and ADA without actually holding them directly - using futures instead. The other one excludes bitcoin but tracks the same index.

What's interesting is they're using cash-settled futures to replicate the index performance. So basically you get diversified coin exposure through an ETF without custody headaches. WisdomTree and ProShares are doing similar things too, so there's clearly demand for this.

If these actually get approved, could be a game changer for getting broad crypto exposure through traditional brokerage accounts. The market's been waiting for solid ETF products for a while now. Curious if the SEC will actually greenlight these or if we're still in the waiting game.