Big news! The ARK 21Shares Bitcoin ETF (ARKB) is doing a 3-for-1 share split this month. Why? To make it easier for everyday investors to jump in.
Think of it this way: right now, one share costs around $104. After the split on June 16th, it'll be closer to $35. Same amount of Bitcoin, just a lower price per slice. 🔥
While ARKB has seen some recent outflows, it's still a major player with billions in assets. This split could be just the thing to reignite interest. Bitcoin ETFs overall have seen some outflows lately, mirroring a slight dip in Bitcoin's price.
Will this split make you more likely to invest in ARKB or other Bitcoin ETFs available via platforms like Binance? Are you keeping an eye on this trend?
Keep up with the trends!