Ark 21Shares Bitcoin ETF Files 8-K

TL;DR

Ark 21Shares Bitcoin ETF filed an 8-K on 9/12/24 for a material agreement.

AI Summary

On September 12, 2024, Ark 21Shares Bitcoin ETF filed an 8-K report. The filing primarily concerns the entry into a material definitive agreement and includes financial statements and exhibits. The ETF is incorporated in Delaware and its principal executive offices are located at 477 Madison Avenue, New York, NY.

Why It Matters

This filing indicates a significant event or agreement for the Ark 21Shares Bitcoin ETF, potentially impacting its operations or financial structure.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (8-K) that typically reports material events or agreements, not necessarily indicating immediate financial risk.

Key Numbers

• 0001869699 — Central Index Key (Unique identifier for the filer)

Key Players & Entities

• Ark 21Shares Bitcoin ETF (company) — Registrant
• September 12, 2024 (date) — Date of earliest event reported
• 477 Madison Avenue, 6th Floor, New York, New York 10022 (location) — Principal executive offices address
• 001-41910 (identifier) — Commission File Number

FAQ

From the Filing

0001213900-24-077941.txt : 20240912 0001213900-24-077941.hdr.sgml : 20240912 20240912090011 ACCESSION NUMBER: 0001213900-24-077941 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240912 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240912 DATE AS OF CHANGE: 20240912 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41910 FILM NUMBER: 241294007 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 8-K 1 ea0213674-8k_ark21.htm CURRENT REPORT false 0001869699 0001869699 2024-09-12 2024-09-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): September 12, 2024       ARK 21SHARES BITCOIN ETF (Exact name of registrant as specified in its charter)   Delaware   001-41910   87-6497023 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   477 Madison Avenue , 6th Floor   New York , New York   10022 (Address of principal executive offices)   (zip code)   Registrant’s telephone number, including area code: ( 646 )  370-6016         (Former Name or Former Address, if Changed Since Last Report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   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.     Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).   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 pursuant to Section 13(a) of the Exchange Act. ☐             Item 1.01 Entry into a Material Definitive Agreement   On September 11, 2024, ARK 21Shares Bitcoin ETF (the “Trust”) entered into separate custodial services agreements (each, an “Agreement” and, collectively, including the agreement with Coinbase Custody Trust Company, LLC (“Coinbase”) where the context may require, the “Agreements”) with each of (i) BitGo New York Trust Company, LLC (“BitGo”), a New York Trust Company and (ii) A