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ARKY

ARK 21Shares Active Bitcoin Ethereum Strategy ETF

As of Jul 19, 2024
Net Asset Value:
$41.40
As of Jul 19, 2024
Net Asset Value:
$41.40
ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) is an actively managed exchange-traded fund (ETF) invested in both bitcoin and ether futures contracts. ARKY leverages dynamic allocation, informed by historical pricing relationships and fundamental analysis, to outperform holding bitcoin over a market cycle.
Net Assets
$4,967,971.16
YTD Return
+40.82%
1D Change
+4.28%
Expense Ratio
1.00%
Overview

Investment Objective

The Fund’s objective is capital appreciation.

Fund Strategy

ARKY aims to optimize performance through actively managed allocations to bitcoin futures and ether futures and may take into account a variety of factors including historical and expected correlations between bitcoin and ether, fundamental analysis of the markets for bitcoin and ether as well as other markets that may impact the prices of bitcoin and ether; and interest rates and other macroeconomic factors. The portfolio managers may employ both fundamental and quantitative tools to assess market conditions. The Fund considers a neutral weighting to be approximately the relative market capitalization of each asset.

Disclosure

Neither the Fund nor Underlying ETFs invest directly in ether, bitcoin, or other digital assets, or maintain direct exposure to “spot” ether or bitcoin. Investors seeking direct exposure to the price of ether or bitcoin should consider an investment other than the Fund.

Why ARKY?

Buy the Market

As the two largest cryptoassets by marketcap, BTC and ETH combine to comprise over 70%* of the digital assets market. ARKY’s dynamic allocation between both assets uses fundamental and quantitative tools to achieve exposure to the overall asset class.

*Source: Coinmarketcap - Data as of 1st Nov 2023

Active Management

ARKY’s allocations are driven by traditional quantitative models and historical correlations to outperform the digital asset market. The portfolio managers apply discretionary, fundamental analysis to adjust weightings based on their qualitative assessments of the market for each asset and expected price movements. In a volatile market, we believe the ability to identify emerging risks and opportunities and adjust the portfolio's exposure accordingly is critical.

Exposure without Complexity

Access the leading digital assets without mastering arcane details of how to safely trade or store them.

Key Information

NameARK 21Shares Active Bitcoin Ethereum Strategy ETF
Inception DateNov 15, 2023
AdvisorEmpowered Funds, LLC dba EA Advisors
Sub Advisor21Shares US LLC
Sub-Sub AdvisorARK Investment Management LLC
Securities Outstanding120000
NAV per Unit$41.40
Net Assets$4,967,971.16
TypeActive Digital Asset ETF
Primary ExchangeCboe BZX Exchange, Inc.
Sales ServicesResolute Investment Distributors, Inc.
Fund DistributorQuasar Distributors, LLC

Identifier Information

Ticker
ARKY
ISIN
US02072L3428
Cusip
02072L342

Fees

Expense Ratio
Management Fee0.30%
Acquired Fund Fee & Expenses0.70%
Total Annual Fund Operating Expenses1.00%
Holdings

Holdings

As of Jul 19, 2024

Holdings are subject to change without notice
Performance
1M

NAV and Market Price

NAV$41.4
NAV Change$1.71 | 4.27%
Median Bid/Ask Spread (30 Day)0.27%
Market Price$41.41
Market Price Change$1.71 | 4.31%

Cumulative%

As of Jul 19, 2024
NAV
1 Month
-0.12%
3 Months
+5.18%
YTD
+40.82%
Since Inception
+73.22%
Market Price

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. Extraordinary performance is attributable in part due to unusually favorable market conditions and may not be repeated or consistently achieved in the future. The Fund’s most recent month-end performance can be found in the fund documents section. Returns for less than one year are not annualized. Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV of Shares is calculated each business day as of the close of regular trading on the Cboe BZX Exchange, Inc. (“Cboe), generally 4:00 pm Eastern time on each business day the Cboe BZX Exchange, Inc is open for trading. Market returns are based on the trade price at which shares are bought and sold on the Cboe BZX Exvhange, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects the reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.

Premium/Discount
NAV
4PM Mid-Point
Difference
Premium/Discount
$41.4
$41.41
$0.01
0.01%

Historical Data

Greatest Premium0.01% (07/19/2024)
Greatest Discount-
Number of Days At
Premium:1
NAV:-
Discount:-
Days within percentage of NAV
Percent Of Days ± 0.5% Of NAV:-
Number Of Days ± 0.5% Of NAV:-
The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
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