The Fund seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant (the “Index”), adjusted for the Trust’s expense’s and other liabilities.
Why ARKB?
Tool For Diversification
Add diversification to a portfolio by adding an asset with low correlation to traditional assets.
Exposure Without Complexity
Regulated access to one of the leading digital assets without mastering arcane details of how to safely trade or store them.
Growth Potential
Bitcoin was the first decentralized currency and is the largest digital asset by market cap (at over $850b*). It is well established as a digital store of value with a broad user-base and liquidity. ARKB offers a regulated vehicle for this long-term strategic holding.
*Source: CoinMarketCap - Data as of 10th Jan 2024
Regulated Exposure to Bitcoin
ARKB provides direct, regulated exposure to bitcoin which is kept in cold storage* by an institutional-grade custodian, offering greater protection than custody options available to individual investors.
* Bitcoin cold storage refers to the practice of keeping bitcoins in secure offline environments to safeguard them from potential online threats of hacking and theft. Cold storage provides vital protection for both long-term holders and investors against the numerous risks posed by malicious actors online. By keeping bitcoin holdings entirely offline or "in cold storage", users limit potential attack vectors that could compromise funds.
Key Information
Name | ARK 21Shares Bitcoin ETF |
Type | Digital Asset ETF |
Primary Exchange | Cboe BZX Exchange, Inc. |
Inception Date | Jan 10, 2024 |
Sponsor | 21 Shares US LLC |
Sub Advisor | Ark Investment Management LLC |
Fund Custodian | Coinbase Custody Trust Company LLC |
Marketing Agent | Foreside Global Services LLC |
Securities Outstanding | 43610000 (2024-04-25) |
NAV per Unit | $64.61 |
Net Assets | $2,817,629,593.13 |
Sales Services | Resolute Investment Distributors, Inc. |
Identifier Information
Ticker | ARKB |
ISIN | US0409191022 |
Cusip | 409191022 |
Fees
Expense Ratio | |
Management Fee | 0.21% |
Total Annual Fund Operating Expenses | 0.21% |
Holdings
As of Apr 25, 2024
NAV and Market Price
NAV | $64.6097 |
NAV Change | $0.4269 | 0.6651% |
Median Bid/Ask Spread (30 Day) | 0.05% |
Market Price | $64.76 |
Market Price Change | $0.85 | 1.33% |
Cumulative %
As of Apr 25, 2024Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. Extraordinary performance is attributable in part due to unusually favorable market conditions and may not be repeated or consistently achieved in the future. The Fund’s most recent month-end performance can be found in the fund documents section. Returns for less than one year are not annualized. Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV of Shares is calculated each business day as of the close of regular trading on the Cboe BZX Exchange, Inc. (“Cboe), generally 4:00 pm Eastern time on each business day the Cboe BZX Exchange, Inc is open for trading. Market returns are based on the trade price at which shares are bought and sold on the Cboe BZX Exvhange, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects the reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.
Historical Data
Greatest Premium | 0.23% (04/25/2024) |
Greatest Discount | - |
Number of Days At | |
Premium: | 1 |
NAV: | - |
Discount: | - |
Days within percentage of NAV | |
Percent Of Days ± 0.5% Of NAV: | - |
Number Of Days ± 0.5% Of NAV: | - |