ARK 21Shares Bitcoin ETF :$ARKB

The ARK 21Shares Bitcoin ETF (ARKB) is a digital asset ETF that seeks to track the performance of bitcoin, as measured by the performance of the CME CF Bitcoin Reference Rate – New York Variant (the “Index”). The ETF is sponsored by 21 Shares US LLC and sub-advised by Ark Investment Management LLC. The fund’s primary exchange is the Cboe BZX Exchange, Inc. The ARK 21Shares Bitcoin ETF was launched on January 10, 2024.

Key Features

• Bitcoin Exposure: The ETF provides investors with exposure to bitcoin, a digital asset with significant growth potential.
• Regulated Environment: As a regulated ETF, ARKB offers investors a transparent and compliant investment vehicle.
• Cold Storage: The ETF uses cold storage to protect investors’ bitcoin holdings, providing greater protection than custody options available to individual investors.

Fees

The ARK 21Shares Bitcoin ETF has an expense ratio of 0.21%. This fee is charged to cover the fund’s operating expenses, including management fees and other costs associated with the ETF.

Diversification

The ARK 21Shares Bitcoin ETF can be used to diversify a portfolio by adding an asset with low correlation to traditional assets, offering greater protection than custody options available to individual investors.

Conclusion

The ARK 21Shares Bitcoin ETF is a digital asset ETF that provides investors with exposure to bitcoin, a digital asset with significant growth potential. The ETF is regulated, transparent, and offers cold storage protection for investors’ bitcoin holdings. The expense ratio of 0.21% covers the fund’s operating expenses, and the ETF can be used to diversify a portfolio.