US EditionARK 21Shares Bitcoin ETF to split stock for retail investors
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.8 Articles
8 Articles
Key news points Greater accessibility: 21Shares announces a 3×1 share fractionation for its Bitcoin ETF ARK 21Shares (ARKB), reducing the share price from approximately $104.25 to $34.75. Greater liquidity: The fractionation seeks to boost market efficiency by increasing liquidity and promoting greater commercial activity, crucial in the volatile Bitcoin market. Long-term strategy: Despite recent capital outflows, this measure underlines 21Share…
21Shares Announces 3-for-1 Share Split for ARKB Bitcoin ETF
The 3-for-1 split increases share count, lowers price per share, but leaves ARKB’s total value and Bitcoin holdings unchanged. Despite recent outflows, ARKB remains a top spot Bitcoin ETF with $4.8 billion AUM and ongoing retail accessibility efforts. 21Shares US LLC declared a 3-for-1 share split for its ARK 21Shares Bitcoin exchange-traded fund (ETF), ARKB. The split aims to boost accessibility for retail investors by lowering the per-share pr…
Ark 21Shares Bitcoin ETF to undergo 3-for-1 split from June 16
Ark 21Shares Bitcoin ETF (ARKB) will undergo a 3-for-1 share split, effective from June 16, in order to make funds more accessible to investors, announced 21Shares, one of the world’s largest issuers of crypto exchange traded funds (ETFs). In a statement released on Monday, 21Shares, a fin-tech giant, claimed that their recent step to split The post Ark 21Shares Bitcoin ETF to undergo 3-for-1 split from June 16 appeared first on CoinGape.
21Shares Bitcoin ETF Announces Stock Split for Retail Investors
Investors in the crypto market are witnessing a strategic move as the ARK 21Shares Bitcoin ETF announces a three-to-one (3:1) stock split, effective from Friday. This development aims to make shares more accessible and liquid, potentially growing the investor base and enhancing flexibility in trading activities. Understanding the Stock Split A stock split is a decision by a company’s board of directors to increase the number of shares outstandin…
21Shares sets 3-for-1 share split for its spot Bitcoin ETF
21Shares US LLC announced a 3-for-1 share split for its flagship ARK 21Shares Bitcoin exchange-traded fund, ARKB, aiming to make the fund more accessible to retail investors. The move, announced in a company press release on June 2, will take…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
