EA Series Trust - ARK 21Shares Active Ethereum Futures Strategy ETF
ARKZ
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
- 3803 West Chester Pike Newtown Square PA United States of America 19073
- IPO Date
- Nov 14, 2023
- Similar Companies
- Business
- EA Series Trust - ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) is an actively managed exchange-traded fund that seeks capital appreciation by providing targeted exposure to ether (ETH) through investments in cash-settled ether futures contracts traded on the Chicago Mercantile Exchange (CME); it employs an active rolling strategy to optimize roll yield by selecting contracts based on cost, liquidity, and other factors, typically involving front-month or nearby monthly/quarterly contracts; collateral and liquidity are supported by investments in U.S. Treasury securities, money market instruments, and repurchase agreements, with operations conducted via a Cayman Islands subsidiary holding over 25% of assets in futures. The fund does not invest directly in ether or maintain spot exposure to digital assets. Launched on November 13, 2023, it operates within the cryptocurrency futures segment of the digital assets industry, targeting investors seeking ether-linked returns without direct crypto custody complexities, and trades on the Cboe BZX Exchange under the ARKZ ticker with an expense ratio of 0.70%. Headquartered at 19 East Eagle Road, Havertown, Pennsylvania 19083, under the management of Empowered Funds, LLC (formerly Alpha Architect), the trust oversees multiple ETF series focused on diverse strategies including equities, fixed income, and alternatives. In a significant recent development, the Board of Trustees approved the liquidation of ARKZ, alongside the ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD), citing shifts in the digital assets market; trading ceased on September 25, 2025, with liquidation completed around September 26, 2025. Prior to liquidation, the fund distributed dividends, including payments in December 2024 and March 2025. No major partnerships, acquisitions, or new product launches were reported in the 1-2 years leading to its closure.