ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) USD Price

The ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA), managed by ARK Invest in collaboration with 21Shares, is a futures ETF with an inception date of November 14, 2023. Unlike spot ETFs, which directly hold the underlying asset (in this case, Bitcoin), a futures ETF invests in Bitcoin futures contracts. This means ARKA actively manages a portfolio of Bitcoin futures contracts traded on commodity exchanges, rather than holding actual Bitcoin. As a result, the performance of a futures ETF like ARKA may differ from the spot price of Bitcoin due to factors such as contract rollover and futures market conditions, with active management aiming to optimize returns and mitigate risks. ARKA charges an annual management fee of 0.7%.

Ark Invest / 21Shares is a collaborative entity operating at the intersection of investment management and digital asset innovation. Ark Invest, founded by Cathie Wood in 2014, is a prominent investment management firm known for its focus on disruptive innovation and a thematic approach to investment. The firm is headquartered in New York City and is recognized for its active management strategies, particularly in sectors such as genomics, artificial intelligence, robotics, and blockchain technology.

21Shares, established in 2018 and based in Zug, Switzerland, specializes in providing access to digital assets through exchange-traded products (ETPs). The firm is committed to bridging the gap between traditional financial markets and the digital asset space by offering regulated and transparent investment vehicles that enable investors to gain exposure to cryptocurrencies without directly holding them.

The partnership between Ark Invest and 21Shares aims to leverage their respective strengths to enhance investor access to digital assets. Ark Invest brings its expertise in research and thematic investment strategies, while 21Shares contributes its proficiency in structuring and managing ETPs in the cryptocurrency domain. Together, they focus on creating innovative financial products that cater to the growing interest in digital assets among institutional and retail investors.

In the digital asset ecosystem, Ark Invest / 21Shares plays a pivotal role by facilitating the integration of blockchain technology into traditional financial markets. Their collaborative efforts are centered on expanding the accessibility and understanding of digital assets, thus contributing to the maturation and broader acceptance of cryptocurrencies within the global investment landscape.