EA Series Trust ARK 21Shares Ac
ARKY
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Nov 15, 2023
- Similar Companies
- Business
- EA Series Trust - ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) is an actively managed exchange-traded fund that seeks capital appreciation by outperforming bitcoin over a market cycle through dynamic allocation between bitcoin and ether futures contracts; it invests primarily in currency derivatives including bitcoin futures and ether futures accessed via a wholly owned Cayman Islands subsidiary, alongside a fixed income component comprising U.S. treasury securities, money market instruments, and repurchase agreements. The fund targets investors seeking indirect exposure to cryptocurrency price movements without direct holdings in digital assets, utilizing fundamental analysis and historical pricing relationships to optimize futures rolling and positioning. Launched on November 14, 2023, and domiciled in the United States, ARKY operates under the broader EA Series Trust umbrella, with management by Empowered Funds, LLC and co-management by 21Shares US LLC and ARK Investment Management LLC. In its investment approach, ARKY maintains a portfolio concentrated in high-quality short-term fixed income for collateral and liquidity, such as First American Government Obligations Fund, while dynamically adjusting cryptocurrency futures exposure to capitalize on relative performance between bitcoin and ether; the strategy avoids spot digital asset holdings, emphasizing futures-based replication and active management to mitigate contango effects. Geographically, the fund focuses on U.S. markets for its fixed income allocations and global futures exchanges for cryptocurrency derivatives, serving institutional and retail investors interested in cryptocurrency-linked strategies. Recent developments include continued growth in assets under management and institutional ownership, with positions held by entities like CWM, LLC as of early 2025, reflecting sustained interest amid cryptocurrency market volatility; the ETF has maintained its active strategy without major structural changes, partnerships, or acquisitions reported in the past two years, operating steadily post-launch as part of the ARK-21Shares collaborative suite of crypto-focused products.