ETFs

ARK 21Shares Active Ethereum Futures Strategy ETF Declares Dividend

Published March 24, 2024

The ARK 21Shares Active Ethereum Futures Strategy ETF (NYSEARCA:ARKZ) has declared a dividend, as reported on Friday, March 22nd according to NASDAQ. Eligible shareholders recorded on Tuesday, March 26th will receive a dividend of $0.164 per share on Thursday, March 28th. The ETF has set Monday, March 25th as the ex-dividend date. This move comes as part of the fund's operations involving derivatives tied to the cryptocurrency Ethereum.

Performance and Value Insights

The trading price for the ARK 21Shares ETF started at $40.55 on the dividend announcement day. The ETF has seen significant fluctuation in its price, reaching a 52-week low of $24.51 and a high of $49.75. Currently, the fund has settled at a 50-day moving average of $36.19, demonstrating the volatile nature of cryptocurrency-related investments.

Investor Information and Market Movement

For investors seeking to stay updated on the ARK 21Shares Active Ethereum Futures Strategy ETF and related market movements, information is key. By summarizing recent news and ratings for this ETF, interested parties can keep track of its progress and make informed decisions regarding their investments in the volatile crypto space.

dividend, Ethereum, ETF