Ark 21Shares Bitcoin ETF Files Q1 2024 10-Q

TL;DR

ARK 21Shares Bitcoin ETF filed its Q1 10-Q. All systems go.

AI Summary

Ark 21Shares Bitcoin ETF filed its quarterly report on Form 10-Q for the period ended March 31, 2024. The ETF, incorporated in Delaware with IRS ID 87-6497023, is managed by 21Shares US LLC, located at 477 Madison Avenue, New York, NY 10022. The filing covers its operations as a publicly traded Bitcoin investment vehicle.

Why It Matters

This filing provides investors with crucial financial and operational updates for the Ark 21Shares Bitcoin ETF, impacting decisions related to cryptocurrency investments.

Risk Assessment

Risk Level: medium — As a Bitcoin ETF, its value is directly tied to the volatile cryptocurrency market, posing inherent risks.

Key Players & Entities

• Ark 21Shares Bitcoin ETF (company) — Registrant
• 20240331 (date) — Period End Date
• 20240513 (date) — Filing Date
• Delaware (jurisdiction) — State of Incorporation
• 87-6497023 (identifier) — IRS Employer Identification No.
• 21Shares US LLC (company) — Manager/Administrator
• 477 Madison Avenue, New York, New York 10022 (address) — Registrant's Business and Mail Address
• (646) 370-6016 (phone_number) — Registrant's Business Phone
• 001-41910 (identifier) — SEC File Number

FAQ

From the Filing

0001213900-24-042279.txt : 20240513 0001213900-24-042279.hdr.sgml : 20240513 20240513160149 ACCESSION NUMBER: 0001213900-24-042279 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 47 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ark 21Shares Bitcoin ETF CENTRAL INDEX KEY: 0001869699 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41910 FILM NUMBER: 24938874 BUSINESS ADDRESS: STREET 1: 477 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (646) 370-6016 MAIL ADDRESS: STREET 1: 477 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 10-Q 1 ea0205046-10q_ark21.htm QUARTERLY REPORT     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549       FORM  10-Q       ☒  Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   for the period ended March 31, 2024 .   or   ☐  Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   for the transition period from              to             .   Commission File Number: 001-41910       ARK 21Shares Bitcoin ETF (Exact name of registrant as specified in its charter)       Delaware   87-6497023 (State or other jurisdiction of   (I.R.S. Employer incorporation or organization)   Identification No.)   21Shares US LLC 477 Madison Avenue , 6 th Floor New York , New York 10022 (646) 370-6016 (Address, including zip code, and telephone number, including area code, of registrant’s primary executive offices)   Title of each class:   Trading Symbol(s)   Name of each exchange on which registered: Shares of Beneficial Interest of ARK 21Shares Bitcoin ETF   ARKB   Cboe BZX Exchange, Inc .   Securities registered or to be registered pursuant to Section 12(g) of the Act: None.   Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  ☒  Yes  ☐ No   Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒  Yes  ☐ No   Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.   Large Accelerated Filer ☐   Accelerated Filer ☐ Non-Accelerated Filer ☒   Smaller Reporting Company ☒ Emerging Growth Company ☒         If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided in Section 13(a) of the Exchange Act. ☐   Indicate b