The ARK 21Shares Bitcoin exchange-traded fund (ETF), known as ARKB, is a crypto-focused fund from the investment manager Ark Invest and fintech firm 21Shares.  

ARKB was one of the 11 spot bitcoin ETFs approved on Jan. 11, 2024. The fund has done well since its launch, and it even climbed to third place in terms of bitcoin under management. ARKB's volumes, however, remained modest compared to its competitors. 

What is a spot bitcoin ETF?

A spot bitcoin ETF is an exchange-traded fund that directly holds bitcoin as its underlying asset. It lets investors gain exposure to the cryptocurrency without buying or storing bitcoin.

Who are ARKB's issuers, ARK Investment Management and 21Shares?

Founded by Cathie Wood in 2014, ARK Invest offers a range of actively managed ETFs …