ARK 21Shares Bitcoin ETF to Undergo Stock Split for Enhanced Accessibility

To attract more individual investors, the ARK 21Shares Bitcoin ETF (ARKB) will undergo a stock split later this month, with shares becoming available at a reduced price. The 3-for-1 split is scheduled for June 16th and aims to make the ETF’s share prices more accessible while maintaining its focus on tracking Bitcoin’s price movements. Despite the move, the fund’s strategy of mirroring Bitcoin’s price remains unchanged as its underlying holdings and total net asset value remain intact.