The filings, submitted to the U.S. Securities and Exchange Commission this week, showcase a mix of yield-focused and downside-protected Bitcoin strategies that push the boundaries of traditional ETF design.
Among the new products are the ARK Bitcoin Yield ETF Exchange-traded Fund
The DIET series, on the other hand, introduces a more cautious framework. The DIET Bitcoin 1 ETF aims to shield investors from half of potential losses while only participating in Bitcoin’s gains beyond a 5% move. The DIET Bitcoin 2 ETF goes further, covering the first 10% of downside risk before unlocking upside exposure once prices rebound above their quarterly benchmark. Both are designed to appeal to investors who want measured participation in crypto markets without full exposure to drawdowns.
The filings arrive as competition in the Bitcoin ETF space intensifies. BlackRock recently revealed its iShares Bitcoin Premium Income ETF, another yield-oriented fund targeting investors looking for passive income rather than speculative price growth. This new wave of filings underscores how major asset managers are evolving beyond basic Bitcoin trackers toward more sophisticated and diversified approaches.
Ark’s timing also coincides with a resurgence in ETF demand. The firm’s flagship 21Shares Bitcoin ETF (ARKB) recorded fresh inflows of nearly $7 million this week, contributing to over $100 million in net inflows across U.S. spot Bitcoin funds. The renewed interest follows a volatile period in which Bitcoin briefly dipped below $113,000, only to rebound as traders reacted to fresh guidance from Federal Reserve Chair Jerome Powell on potential rate cuts.
For Wood, whose firm has long championed disruptive technologies, these new ETFs signal another step in bridging the gap between traditional finance and digital assets. If approved, Ark’s products could redefine how mainstream investors approach Bitcoin – not just as a speculative asset, but as a source of yield and strategic diversification within a regulated structure.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

