DOGE
Dogecoin is a crypto inspired by the viral "Doge" meme and features a Shiba Inu as its logo. Created in 2013, the playful crypto quickly gained a devoted community and has now grown into a widely adopted digital currency, gaining real-world utility, and is accepted by merchants worldwide. Dogecoin is the sixth-largest cryptocurrency, with a market cap of $46 billion at the end of 2024 - the same as General Motors.
Overview
Objective
ARKB seeks to track the performance of bitcoin. The Fund maintains exposure to “spot” bitcoin.
CETH (21Shares Core Ethereum ETF) constitutes the Trust. CETH seeks to track theperformance of ether as measured by the performance of the CME CF Ether-Dollar ReferenceRate, adjusted for the Trust’s expenses and other liabilities. The Fund maintains exposure to“spot” ether.
Disclosure
Benefits
Dogecoin is internet culture
Dogecoin has transformed internet culture - collective humor, identity, and community - into a digital asset. It is a symbol of a more innovative, more ambitious generation of entrepreneurs, creators and investors. Dogecoin has become their social and physical currency.
Community-driven initiatives
Dogecoin has one of the most engaged communities in crypto. They are dedicated to charitable giving and social impact, and live the principle of "Do Only Good Everyday". As early as 2014 the community ran campaigns such was Doge4Water, aimed at building clean water infrastructure in Kenya.
Global payments system
With fast transactions and low fees, Dogecoin has drawn support from payment pioneers, and become a practical solution for everyday payments with major brands like Microsoft and AMC Theatres now accepting Doge as a payment method.
Onboarding new users to crypto
Dogecoin is a highly accessible and user-friendly entry point into crypto. Its grassroots origins, internet culture appeal, and low-cost transactions make it an ideal onboarding tool for new users.
* Bitcoin cold storage refers to the practice of keeping bitcoins in secure offline environments to safeguard them from potential online threats of hacking and theft. Cold storage provides vital protection for both long-term holders and investors against the numerous risks posed by malicious actors online. By keeping bitcoin holdings entirely offline or "in cold storage", users limit potential attack vectors that could compromise funds.
* Ether cold storage refers to the practice of keeping ether in offline environments to safeguard them from potential online threats of hacking and theft. Cold storage provides vital protection for both long-term holders and investors against the numerous risks posed by malicious actors online. By keeping ether holdings entirely offline or "in cold storage", users limit potential attack vectors that could compromise funds.
Failure by the Trust's Ether Custodian to exercise due care in the safekeeping of the Trust's ether could result in a loss to the Trust. Shareholders cannot be assured that the EtherCustodian will maintain adequate insurance with respect to the ether held by the custodian on behalf of the Trust.
Fund Details
Key Information
Ticker Symbols
Fees
Performance
Cumulative Performance
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. Extraordinary performance is attributable in part due to unusually favorable market conditions and may not be repeated or consistently achieved in the future. The Fund’s most recent month-end performance can be found in the fund documents section. Returns for less than one year are not annualized.
Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV of Shares is calculated each business day as of the close of regular trading on the Cboe BZX Exchange, Inc. (“Cboe), generally 4:00 pm Eastern time on each business day the Cboe BZX Exchange, Inc is open for trading. Market returns are based on the trade price at which shares are bought and sold on the Cboe BZX Exvhange, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects the reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.
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