Key Takeaways:
- ARK 21Shares Bitcoin ETF (ARKB) will implement a 3-for-1 stock split on June 16, 2025, to enhance accessibility for retail investors.
- Despite six straight days of outflows totaling $430M, ARKB remains the third-highest in total inflows among U.S. Bitcoin ETFs with $2.37B.
- U.S. spot Bitcoin ETFs saw a $1.2B net outflow over three sessions as Bitcoin dropped 4% to below $104K.
The ARK 21Shares Bitcoin ETF (ARKB) will undergo a 3-for-1 stock split on June 16, 2025, aimed at attracting retail investors by lowering the cost per share.
Announced by 21Shares on June 2, the split will divide each existing share into three, reducing the price from $104.25 to around $35, while keeping the fund’s total value and Bitcoin holdings unchanged.
JUST IN: 🇺🇸 ARK 21Shares Bitcoin ETF to undergo 3-for-1 share split on June 16 to make the fund more accessible to investors. pic.twitter.com/6Nx0pX2K18
— Whale Insider (@WhaleInsider) June 2, 2025
Key dates include the record date on June 12, the pay date on June 13, and the ex-date on June 16.
The move comes amid ongoing investor outflows, with ARKB seeing six consecutive days of redemptions totaling $430 million, including $74 million on June 2 alone.
Despite this, ARKB remains third in total inflows among U.S. spot Bitcoin ETFs, with $2.37 billion in cumulative inflows and $4.8 billion in assets under management.
The ETF has posted a 7.35% return year-to-date.
Meanwhile, U.S. spot Bitcoin ETFs collectively experienced $1.2 billion in net outflows over the last three trading days, aligning with a 4% drop in Bitcoin’s price from above $108,000 to just under $104,000 on June 2.
However, according to Glassnode, investor interest remains strong, with more than 6,100 BTC added to ETFs during the previous week.
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