Key stats
About EA Series Trust ARK 21Shares Active Bitcoin Futures Strategy ETF
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Inception date
Nov 13, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ARKA holds standardized, cash-settled Bitcoin futures traded on the Chicago Mercantile Exchange (CME). With a targeted allocation of over 25% of total assets, the fund operates through a subsidiary structure based in the Cayman Islands. The fund employs a rolling strategy that seeks optimal roll yield by investing in contracts with the most attractive combination of cost, liquidity, and other relevant factors. Typically, these contracts have monthly or quarterly contract periods. Moreover, the fund may invest in front-month Bitcoin futures contracts and usually rolls to the next nearby contracts at the time believed to generate the greatest roll yield. To provide liquidity and collateral for Bitcoin Futures investments, the remaining assets are diversified into short-term cash instruments, including U.S. Treasury securities and money market instruments. Additionally, the fund may engage in leveraging through reverse repurchase agreements.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Mutual fund
Bonds, Cash & Other100.00%
Government62.56%
Mutual fund27.75%
Cash9.69%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ARKA top holdings are United States Treasury Bills 0.0% 04-SEP-2025 and United States Treasury Bills 0.0% 31-JUL-2025, occupying 32.01% and 30.55% of the portfolio correspondingly.
ARKA last dividends amounted to 0.36 USD. The quarter before, the issuer paid 0.48 USD in dividends, which shows a 33.23% decrease.
Yes, ARKA pays dividends to its holders with the dividend yield of 25.49%. The last dividend (Jun 27, 2025) amounted to 0.36 USD. The dividends are paid quarterly.
ARKA shares are issued by Empirical Finance LLC under the brand 21Shares. The ETF was launched on Nov 13, 2023, and its management style is Active.
ARKA expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
ARKA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ARKA invests in bonds.
ARKA price has risen by 3.15% over the last month, and its yearly performance shows a 20.49% increase. See more dynamics on ARKA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.25% over the last month, showed a 31.80% increase in three-month performance and has increased by 63.39% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.25% over the last month, showed a 31.80% increase in three-month performance and has increased by 63.39% in a year.
ARKA trades at a premium (0.43%) meaning the ETF is trading at a higher price than the calculated NAV.