The ARK 21Shares Bitcoin exchange-traded fund (ETF), known as ARKB, is a spot Bitcoin ETF from the investment manager Ark Invest and fintech firm 21Shares. ARKB was one of the 11 spot bitcoin ETFs approved on Jan. 11, 2024. Ark Invest was founded by Cathie Wood in 2014 and gained attention for its bullish outlook on blockchain projects and technologies. The fund charges a fee of 0.21%. Coinbase Custody Trust Company LLC custodies the bitcoin in ARKB. The same firm provides custody services for the spot bitcoin ETFs from Grayscale Investments and BlackRock.
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