Key stats
About ARK 21Shares Bitcoin ETF
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Inception date
Jan 10, 2024
Structure
Grantor Trust
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
ARK Investment Management LLC
ARKB was the first to apply as a spot Bitcoin ETF. The fund enhances accessibility to BTC and resolves custody-related challenges by providing direct exposure. The custodian holds all BTC 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. Achieving this involves dividing the observation period, calculating volume-weighted medians, and determining values through the equally weighted arithmetic mean of these medians. This 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
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ARKB assets under management is 5.30 B USD. It's risen 14.30% over the last month.
ARKB fund flows account for 227.68 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ARKB doesn't pay dividends to its holders.
ARKB shares are issued by ARK Invest LLC under the brand 21Shares. The ETF was launched on Jan 10, 2024, and its management style is Passive.
ARKB expense ratio is 0.21% meaning you'd have to pay 0.21% of your investment to help manage the fund.
ARKB follows the CME CF Bitcoin Reference Rate - New York Variant - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ARKB invests in cash.
ARKB price has risen by 15.60% over the last month, and its yearly performance shows a 56.68% increase. See more dynamics on ARKB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 16.63% over the last month, showed a 14.41% increase in three-month performance and has increased by 16.14% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 16.63% over the last month, showed a 14.41% increase in three-month performance and has increased by 16.14% in a year.
ARKB trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.