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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›Stocks›ARKB

ARKB

Ark 21Shares Bitcoin ETF

Next earnings ≈ Aug 9, 2026 · est. from filing cadence

Hold
$20.37
▲ +1.85%
$20.37▼ -42.67%
over 1Y
L $19.64H $41.01
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.9%
1W+3.7%
1M-8.6%
3M-8.4%
YTD-31.6%
1Y-42.7%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Hold
Quality
F
Valuation
Fair value
Filings
Watch
Hold
Conviction
Horizon
Medium (3–12mo)

Conservative balance sheet (liabilities/equity 0.02x).

Return on equity -6.7% · latest

Ark 21Shares Bitcoin ETF shows limited reported revenue, and -6.7% ROE.

Supporting the case: conservative balance sheet (liabilities/equity 0.02x).

Is ARKB a buy? The one-page verdict, explained →

The options angle

model · matches our verdict
Covered call~60d expiry
  • Long 100 shares @ ~20.37
  • Short call 21.5 @ ~2.20 est
debit $1,817max +$333max −$1,816BE 18.17

HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.

Open in the calculator →

Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.

Financials · annual, by fiscal year

Line itemFY24FY25
Revenue——
Gross profit——
Operating income-$5.83M-$9.77M
Net income$1.89B-$222M
Diluted EPS——
Net margin——

10-year statements — income, cash flow, balance sheet & CSV export →

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$2.19B
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-10.1%
FCF yield—

Quality & risk

ROIC (est.)-0.2%
Free cash flow—
Total debt—
Net cash$100.00

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+121.9%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 10-Q Quarterly report2026-05-08
  2. 10-K Annual report2026-03-02
  3. 8-K Material agreement2025-12-18
  4. 10-Q Quarterly report2025-11-14
  5. 10-Q Quarterly report2025-08-13
  6. 8-K Other event2025-06-03
  7. 10-Q Quarterly report2025-05-13
  8. 10-K Annual report2025-03-26
  9. 8-K Officer / director change2025-03-06

Recent filings

all on EDGAR ↗
10-QPeriod ending 2026-03-312026-05-08open ↗424IFiling2026-04-01open ↗10-KPeriod ending 2025-12-312026-03-02open ↗8-KPeriod ending 2025-12-122025-12-18open ↗10-QPeriod ending 2025-09-302025-11-14open ↗10-QPeriod ending 2025-06-302025-08-13open ↗424B3Filing2025-07-30open ↗8-KPeriod ending 2025-06-022025-06-03open ↗10-QPeriod ending 2025-03-312025-05-13open ↗424IFiling2025-03-28open ↗10-KPeriod ending 2024-12-312025-03-26open ↗8-KPeriod ending 2025-03-012025-03-06open ↗

Quality score

F
ValueGrowthProfitHealthMom.
Value—
GrowthF
ProfitabilityF
Financial healthB-
MomentumF
  • ✗Profitable (positive net income)
  • ✗Return on equity above 15%
  • ✓Liabilities below 2× equity
19.4652-week41.70
Revenue
—
Net margin
—
ROE
-6.7%
P/E
—

SEC fundamentals · FY 2025

'24'25

■ revenue · ■ net income, by fiscal year

Net income-$222M-111.8%
Operating income-$9.77M-67.5%
Cash & equivalents$100.00
Total assets$3.38B-22.5%
Total liabilities$76.6M+561.1%
Stockholders' equity$3.31B-24.1%
L/E: 0.02x

Frequently asked

Is Ark 21Shares Bitcoin ETF (ARKB) a buy?
ARKB currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. Conservative balance sheet (liabilities/equity 0.02x).
What is Ark 21Shares Bitcoin ETF's quality score?
ARKB scores 34.029747452038364/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001869699, latest 10-Q filed 2026-05-08) · EODHD · as of 7/4/2026, 10:39:48 PM.

›About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice

Rule-based analysis, generated automatically from SEC filing data.

Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 4, 2026, 6:39 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Held by tracked funds

Form 13F · SEC · quarterly
ARK Investment ManagementCathie Wood6.70M sh$151M

As of each fund’s latest quarterly 13F — a delayed snapshot, not a live position. All tracked funds →

Vs tracked universe

compare →

1195 tracked peers · median

TENK Score34 vs 67
Revenue growth— vs 7.5%
Net margin— vs 10.0%
Return on equity-6.7% vs 12.0%
P/E— vs 26.2