ARKB — ARK 21Shares Bitcoin ETF

ARKB Price Performance — Growth of $10,000

Value of a $10,000 investment in ARKB over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

ARKB Drawdown

The "underwater" chart: ARKB's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The ARK 21Shares Bitcoin ETF, managed by 21Shares US LLC, operates within the Crypto category where ETFValuer tracks a total of 11 funds. With an asset base of $1.89 billion and a share price of $21.17, the fund holds a significant position relative to its category peers. It currently carries an overall rank of #440 out of 458 tracked ETFs across all categories, resulting in an ETFValuer grade of F with a score of 33.6 out of 100. The fund charges an expense ratio of 0.21% and offers a dividend yield of 0.00%, indicating it does not distribute income to shareholders. This combination of a low yield and a high expense ratio relative to its performance grade suggests a cost structure that may challenge investor adoption in a competitive landscape. The fund's substantial assets under management contrast with its low ranking, reflecting a market environment where capital inflows have not translated into top-tier performance metrics.

Recent performance data reveals a pattern of significant volatility with divergent trends across different time horizons. Over the last day, the fund declined by 1.63%, followed by a further 3.95% drop over the one-week period. In contrast, the one-month return shows a recovery with a gain of 6.92%, though this short-term improvement is overshadowed by longer-term losses. The three-month return stands at -17.05%, while the six-month figure deepens to -27.13%. Year-to-date performance is down 28.94%, and the one-year return has fallen sharply to -45.48%. Data for the three-year period is not available, leaving the long-term trajectory undefined based on current metrics.

The fund is assigned a Very High volatility label, which aligns with a Sharpe ratio of -1.14, indicating that returns have been negative relative to the risk taken. A beta value is not reported, but the maximum drawdown of -53.33% highlights the severe potential for capital loss during market downturns. This combination of a negative Sharpe ratio and a deep maximum drawdown suggests the fund has experienced significant periods of decline without sufficient compensation for the associated risk. The data implies that the fund's behavior involves extreme price swings that can lead to substantial losses in both up and down market environments. Investors face a profile where the magnitude of potential losses, as evidenced by the drawdown, is substantial compared to the negative risk-adjusted returns.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

ARKB Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 1.9M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.89B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: ARKB is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

ARKB Performance History

How ARKB Compares to Other Crypto ETFs