ARK 21Shares Active Ethereum Futures Strategy ETF USD Price

The ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) is an actively managed futures ETF issued collaboratively by ARK Invest and 21Shares, with an inception date of November 14, 2023. Unlike spot ETFs, which directly hold the underlying asset (in this case, Ethereum), this actively managed futures ETF invests in Ethereum futures contracts. Consequently, the performance of this ETF may differ from the spot price of Ethereum due to factors such as contract rollover, futures market conditions, and the effectiveness of the active management approach. ARKZ that targets 100% exposure to ether (ETH) and seeks to outperform the market. This ETF charges an annual management fee of 0.70%.