ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC)
ARK 21Shares Active On-Chain Bitcoin Strategy ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $33.92, up 0.01% on the session, giving a market capitalisation of $2.1M. Its beta of 3.87 implies it has historically moved more than the broad market.
This actively managed Exchange-Traded Fund (ETF) employs a flexible investment strategy. Under typical circumstances, it aims to dynamically adjust its capital allocation between holdings in bitcoin futures contracts and cash equivalents. This strategic weighting is determined by the prevailing direction of the bitcoin market, as assessed and interpreted by its sub-adviser, 21Shares US LLC, and its sub-subadviser, ARK Investment Management LLC. It's important to note that the fund operates as a non-diversified investment vehicle.
ARK 21Shares Active On-Chain Bitcoin Strategy ETF is most often compared with the following Financial Services names: