Key stats
About EA Series Trust ARK 21Shares Active Bitcoin Ethereum Strategy ETF
Expense ratio
1.00%
Home page
Inception date
Nov 15, 2023
ARKY seeks to exceed the returns of Bitcoin across a market cycle by dynamically allocating assets to the two most widely recognized digital assets, Bitcoin and Ether. The allocation is based on fundamental and quantitative tools, assessing historical and expected correlations between BTC and ETH. Additionally, the fund follows a neutral weighting which mirrors the relative market capitalization of BTC and ETH. Moreover, the sub-adviser tactically trades for short-term opportunities and strategically adjusts for longer-term shifts relative to the neutral weighting. The fund invests over 25% of its assets in BTC and ETH futures contracts with the most attractive combination of cost, liquidity, and other relevant factors. Affiliated underlying ETFs, such as the ARKA ETF and the ARKZ ETF, may also be part of the investment mix. Typically, these contracts are rolled at the time believed to generate the greatest roll yield. The remaining assets are invested into short-term cash instruments as collateral. Note that a portion of the investment is through a Cayman Islands subsidiary.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.76%
Mutual fund0.25%
Cash−0.01%