ARK 21Shares Bitcoin ETF (ARKB) Covered Calls

The ARK 21Shares Bitcoin ETF is an exchange-traded fund that provides investors with direct exposure to the price of bitcoin. Managed through a partnership between ARK Invest and 21Shares, the fund tracks the performance of the CME CF Bitcoin Reference Rate – New York Variant. By holding physical bitcoin in institutional-grade cold storage, the trust offers a secure and regulated vehicle for incorporating digital assets into traditional brokerage and retirement accounts.

You can sell covered calls on ARK 21Shares Bitcoin ETF to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for ARKB (prices last updated Fri 4:16 PM ET):

ARK 21Shares Bitcoin ETF (ARKB) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
23.24 +2.10 23.22 23.25 6.2M - 0.0
Covered Calls For ARK 21Shares Bitcoin ETF (ARKB)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 23 1.20 22.05 4.3% 105%
Mar 20 23 1.60 21.65 6.2% 52.6%
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Extended Business Description

ARK 21Shares Bitcoin ETF is a spot bitcoin exchange-traded product designed to track the performance of the world's largest digital asset. The fund is a collaborative venture between ARK Investment Management LLC, founded by Cathie Wood, and 21Shares AG, a pioneer in crypto exchange-traded products. ARKB aims to bridge the gap between traditional finance and the decentralized economy by providing a transparent, liquid, and cost-effective entry point for spot bitcoin exposure.

Core Business and Products

  1. Physically-Backed Exposure: The trust is a "spot" ETF, meaning its shares are backed by actual bitcoin held in custody. This allows the fund to mirror the market price of bitcoin, minus trust expenses, without the use of complex derivatives or futures contracts.
  2. Institutional-Grade Custody: The trust’s bitcoin is held by Coinbase Custody Trust Company, LLC. The vast majority of these assets are kept in "cold storage"—offline environments that provide vital protection against hacking and cyber threats.
  3. Thematic Integration: As part of the ARK Invest ecosystem, the fund is supported by specialized research into disruptive innovation and blockchain technology, helping investors view bitcoin not just as a currency but as a long-term strategic asset class.

Competitive Landscape

The market for spot bitcoin ETFs is highly competitive, with products differentiated by expense ratios, custodial security, and issuer reputation. ARKB competes directly with the iShares Bitcoin Trust and the Fidelity Wise Origin Bitcoin Fund. Other significant peers include the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust BTC. For those seeking lower fees, the Franklin Bitcoin ETF is a notable competitor. Outside of pure spot ETFs, the fund competes for capital with bitcoin-heavy equities like Strategy Inc (MicroStrategy) and futures-based products like the ProShares Bitcoin Strategy ETF.

Strategic Outlook and Innovation

The trust is focused on the structural maturity of bitcoin as it evolves into a global store of value and "digital gold." A primary strategic objective is to capitalize on the increasing institutional ownership of digital assets, as financial advisors and retirement systems continue to normalize crypto allocations. Innovation in this sector is driven by the development of regulated options markets for spot ETFs, which ARK views as a key milestone for enabling sophisticated risk management and income strategies. Furthermore, the fund focuses on the intersection of blockchain and other "Big Ideas," such as digital credit and decentralized finance (DeFi), positioning bitcoin as the foundational layer for a new financial infrastructure. By maintaining a lean fee structure and leveraging 21Shares' technical expertise, the trust aims to remain a preferred vehicle for investors looking to own a stake in the long-term appreciation and global adoption of the bitcoin network.