Business UpdateOct 22, 2026, 04:06 PM
ARK 21Shares Bitcoin ETF to Change Name and Ticker
AI Summary
ARK 21Shares Bitcoin ETF (ARKB) announced the termination of its marketing and sub-advisory agreement with ARK Investment Management LLC, effective December 22, 2026. The Sponsor, 21Shares US LLC, has elected to terminate the agreement. In connection with this termination, the Trust will be renamed '21Shares Bitcoin ETF' and its ticker symbol will change to 'TBIT' on the Cboe BZX Exchange, Inc., both effective December 15, 2026.
Key Highlights
- ARK 21Shares Bitcoin ETF (ARKB) to terminate marketing and sub-advisory agreement with ARK Investment Management LLC.
- Termination effective December 22, 2026.
- ETF to be renamed '21Shares Bitcoin ETF' on December 15, 2026.
- Ticker symbol to change from ARKB to TBIT on December 15, 2026.
Price Impact
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