ARK 21Shares Bitcoin ETFARK 21Shares Bitcoin ETFARK 21Shares Bitcoin ETF

ARK 21Shares Bitcoin ETF

No trades
See on Supercharts

Key stats

Assets under management (AUM)
‪2.92 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.2%

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

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 15, 2024
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows