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​Cathie Wood Joins Crypto ETP Operator Amun As An Independent Director

Mary Liu

Summary: According to Bloomberg, Cathie Wood, the founder and CEO of Ark Investment Management LLC, has joined the European crypto platform Amun as an independent director.  Amun, the operator of 21Shares AG which specialized in exchange-traded products, managed about $2 billion in assets, one of the company's products is 21Shares Short Bitcoin ETP, seeking to provide ...

According to Bloomberg, Cathie Wood, the founder and CEO of Ark Investment Management LLC, has joined the European crypto platform Amun as an independent director. 

Amun, the operator of 21Shares AG which specialized in exchange-traded products, managed about $2 billion in assets, one of the company's products is 21Shares Short Bitcoin ETP, seeking to provide a -1x return to the performance of Bitcoin for a single day. Besides, the 21Shares Crypto Basket Index tracks the top five cryptocurrencies by market cap. 

Wood said in an email statement: "21Shares is forging a new path for crypto ETPs by leading with research and a keen understanding of this developing asset class,” Wood said in an emailed statement."

By Mary Liu

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