Core Viewpoint - 21Shares US LLC announced a 3-for-1 share split for its flagship ARK 21Shares Bitcoin ETF (ARKB) to enhance accessibility for investors and improve trading efficiency [1][2]. Fund Details - The share split will be effective at market open on June 16, 2025, with the fund continuing to trade under the ticker symbol "ARKB" and the same CUSIP [2]. - The total net asset value (NAV) of ARKB will remain unchanged post-split, and the fund's investment objective, strategy, and underlying holdings will not be affected [2][3]. - ARKB is a physically-backed Bitcoin ETF that aims to track Bitcoin's performance as measured by the CME CF Bitcoin Reference Rate – New York Variant, providing regulated access to Bitcoin [3]. Company Background - 21Shares AG, the sponsor of ARK 21Shares Bitcoin ETF, is a leading provider of cryptocurrency exchange-traded products (ETPs) and offers the largest suite of crypto ETPs in the market [5]. - The company was established to make cryptocurrency more accessible and to bridge traditional finance with decentralized finance, having launched the world's first physically-backed crypto ETP in 2018 [5]. - 21Shares has a seven-year track record in creating crypto exchange-traded funds listed on major securities exchanges globally, supported by a specialized research team and proprietary technology [5].
21Shares Announces 3-for-1 Share Split for ARK 21Shares Bitcoin ETF (ARKB)
Globenewswire·2025-06-02 20:30