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 FTSE Bitcoin Index (the “Index”), which replaced the CME CF Bitcoin Reference Rate – New York Variant as ARKB's benchmark on August 27, 2026. 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's price.
- Regulated Environment: ARKB files periodic reports with the SEC under federal securities laws but is not registered as an investment company under the Investment Company Act of 1940.
- Cold Storage: The ETF uses cold storage to hold the substantial majority of its bitcoin, with a smaller portion kept in temporary trading balances to support fund operations.
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. The ETF holds the substantial majority of its bitcoin in cold storage, with a smaller portion kept in temporary trading balances to support fund operations.
Conclusion
The ARK 21Shares Bitcoin ETF is a digital asset ETF that provides investors with exposure to Bitcoin's price. The ETF files periodic reports with the SEC under federal securities laws, is not registered as an investment company under the Investment Company Act of 1940, and holds the substantial majority of its bitcoin in cold storage. The expense ratio of 0.21% covers the fund's operating expenses, and the ETF can be used to diversify a portfolio.
