ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) is an actively managed ’40-Act fund from Cathie Wood’s ARK Invest and crypto-ETP specialist 21Shares. Launched on November 14 2023, it seeks long-term capital appreciation by maintaining roughly 100 % notional exposure to ether through CME-listed, cash-settled ETH futures contracts.
Unlike passive futures trackers, ARKZ rotates between front-month and longer-dated contracts when contango widens, aiming to curb roll drag. Excess collateral is parked in short-duration Treasuries to generate a modest yield pickup while keeping counter-party risk low. The fund charges a 0.70 % expense ratio—inline with other crypto-futures ETFs—and publishes its complete holdings daily.
For brokerage investors who want regulated exposure to Ethereum without private keys, wallets, or offshore KYC hurdles, ARKZ provides a straightforward ticker they can trade during normal U.S. market hours and clear through standard custody pipelines.
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