Cathie Wood's ARK Invest has recently taken new actions again. I just saw that they submitted applications to the SEC for two new crypto index ETFs, both based on the CoinDesk 20 index. The logic behind this portfolio is quite interesting, essentially using a balanced allocation approach similar to a 9 wood equivalent, packaging the leading assets of the crypto market.

The CoinDesk 20 itself is a relatively recognized standard for filtering crypto assets, covering the most representative projects in the market. ARK directly using this index as the underlying asset for the ETF indicates strong confidence in this index system.

From a product design perspective, the two ETFs may differ in risk-return preferences, catering to different types of investors. This also reflects Cathie Wood's team's understanding of diversified crypto asset allocation — not a one-size-fits-all approach, but constructing different portfolios based on investors' risk appetite.

It’s worth noting that behind CoinDesk is Bullish, an institutional-grade digital asset platform supporting this. This means the index system has a solid institutional background and data support. For investors looking to deploy crypto assets via ETFs, such products could offer a relatively transparent and regulated way to participate.

The recent innovation in crypto ETFs is indeed accelerating. You can also see real-time quotes of related assets on Gate, and if you're interested, you can check out the performance of these CoinDesk 20 constituent coins.