ARK 21Shares Bitcoin ETF

No trades
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Key stats

Assets under management (AUM)
‪2.11 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
1.0%

About ARK 21Shares Bitcoin ETF

Issuer
ARK Investment Management LP
Brand
ARK
Home page
Inception date
Jan 11, 2024
Index tracked
CME CF Bitcoin Reference Rate - New York Variant - Benchmark Price Return
Management style
Passive
ISIN
US0409191022
ARKB was the first to apply for a spot Bitcoin (BTC) ETF. The fund enhances accessibility to BTC and resolves custody-related challenges by providing direct exposure to the digital asset. Coinbase Custody, the custodian, holds all BTC on behalf of the fund in cold wallet storage. Daily, at 4:00 pm ET, holdings are valued based on the benchmark index, with adjustments made for incurred expenses and other liabilities. While the fund recognizes the index as a reliable indicator of BTC's average spot price, its main focus remains on ensuring integrity. To achieve this, it involves dividing the observation period, calculating volume-weighted medians, and determining values through the equally weighted arithmetic mean of these medians. This approach ensures a fair representation of BTC's average spot price, preventing outliers and large trades from heavily impacting the overall result. Investors should compare fees, such as expense ratio, tracking, and overall cost when selecting specific investments in this space. ETF units cannot be redeemed for BTC.

Classification

Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
In specie
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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