ARKD Stock Summary and Trading Ideas (Ea Series Trust Ark 21Shares Blockchain And Digital Economy Innovation ETF | BATS:ARKD)

ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD) is one of the first actively managed exchange-traded funds (ETF) that invests in both bitcoin futures and public equities of companies engaged in the blockchain industry and/or digital economy, providing holistic exposure to the growth of blockchain technology. ARKD focuses on a concentrated, high-conviction portfolio of equities through a proprietary valuation model.

Ea Series Trust Ark 21Shares Blockchain And Digital Economy Innovation ETF trades on the BATS stock market under the symbol ARKD.

As of January 23, 2025, ARKD stock price declined to $51.37 with 2,293 million shares trading.

ARKD has a market cap of $5.14 million. This is considered a Sub-Micro Cap stock.

ARKD has outperformed the market in the last year with a price return of +89.5% while the SPY ETF gained +27.6%. ARKD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +32.9% and +7.2%, respectively, while the SPY returned +4.9% and +3.4%, respectively.

ARKD support price is $49.85 and resistance is $52.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARKD shares will trade within this expected range on the day.