Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.91% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.

74.91% of retail investor accounts lose money when trading CFDs with this provider.

ARK 21Shares Bitcoin ETF

The ARK 21Shares Bitcoin ETF is a spot ETF that holds Bitcoin exclusively and issues common shares that are traded on the CBOE. The fund determines the real market value of its stock based on the movement of Bitcoin's price as measured by the CME CF Bitcoin Reference Rate, an index that reflects the current average Bitcoin price based on quotes from several leading crypto exchanges and trading platforms and displays that average price in US dollars.

The fund uses cold storage technology to keep bitcoins in secure offline environments to safeguard them from potential online threats of hacking and theft.

The fund's management fee is 0.21% of the average annual cost of assets. The fund's management fee is waived until 10 July 2024 or until assets reach $1 billion, whichever occurs first.

Opportunities for traders

The ARK 21Shares Bitcoin ETF began trading on the СBOE on 11 January 2024. Its intraday volatility is 7.2%, while its intraday trade volume is approximately $190 million.

How to buy and sell CFDs on the ARK 21Shares Bitcoin ETF

You can buy and sell CFDs on the ARK 21Shares Bitcoin ETF on specialised exchanges. Alternatively, you can trade CFDs on the ARK 21Shares Bitcoin ETF through a broker or trading platform, such as MetaTrader or Libertex, where you can use a multiplier and also trade if the value of the asset declines.

Get this report