From Yahoo Finance: 2025-06-03 17:00:00

The $4.8 billion ARK 21Shares Bitcoin ETF (ARKB) is undergoing a three-for-one share split to make it more accessible to investors and enhance trading efficiency, announced by 21Shares. The split won’t change the fund’s details and is set to take effect on June 16.

21Shares’ head of U.S. business stated the split aims to improve accessibility for retail investors and trading efficiency. The strategy, fees, and exposure remain the same, but a lower share price makes the ETF more approachable. Improved liquidity and tighter bid-ask spreads are expected due to greater trading volume.

ARKB, one of the first spot bitcoin ETFs, launched in January 2024. Year-to-date, the fund has gained 11.8% as Bitcoin’s price reaches record highs. Fund flows are negative for 2025, with outflows of $26.8 million, despite a 54.3% increase over the last full year despite net outflows of $31 million.

Bitcoin’s price sits around $106,000 per coin as of Tuesday, according to CoinMarketCap.

Read more: 21Shares ARKB Bitcoin ETF to Undergo 3-for-1 Split