Ark 21Shares Bitcoin ETF (ARKB) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
ARKB currently has 115M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 3.38% over the past 2 years. Recent corporate actions include 1 stock split (positive for accessibility).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 08, 2026 |
10-Q filing | 115.0M shares outstanding |
110M | 0 |
| Nov 14, 2025 |
10-Q filing | 125.5M shares outstanding |
130M | 0 |
| Aug 13, 2025 |
10-Q filing | 137.2M shares outstanding |
140M | 0 |
| Jun 16, 2025 |
Stock Split
8-K filing: Stock split 3-for-1 | Outstanding: 47,955,000 → 143,865,000 |
140M | 0 |
| May 13, 2025 |
10-Q filing | 48.0M shares outstanding |
48M | 0 |
| Mar 26, 2025 |
10-K filing | 48.5M shares outstanding |
48M | 0 |
| Nov 12, 2024 |
10-Q filing | 50.4M shares outstanding |
50M | 0 |
| Aug 09, 2024 |
10-Q filing | 48.7M shares outstanding |
49M | 0 |
| May 13, 2024 |
10-Q filing | 41.8M shares outstanding |
42M | 0 |
| May 09, 2024 |
POS AM filing: This is a POS AM filing for the ARK 21Shares Bitcoin ETF, an exchange-traded fund issuing common shares of beneficial interest. |
40M | 0 |
| Mar 26, 2024 |
10-K filing | 39.8M shares outstanding |
40M | 2 |
| Jan 10, 2024 |
S-1/A filing: This is an S-1/A filing for ARK 21Shares Bitcoin ETF, an exchange-traded fund issuing common shares of beneficial interest, with the intention to track the performance of bitcoin. |
10K | 2 |
| Jan 09, 2024 |
S-1/A filing: This is an S-1/A filing for the ARK 21Shares Bitcoin ETF, an exchange-traded fund that issues common shares of beneficial interest and seeks to track the performance of bitcoin. |
N/A | 2 |
| Jan 08, 2024 |
S-1/A filing: This is an S-1/A filing for the ARK 21Shares Bitcoin ETF, an exchange-traded fund that issues common shares of beneficial interest seeking to track the performance of bitcoin. |
N/A | 2 |
| Dec 28, 2023 |
S-1/A filing: This is an S-1/A filing for ARK 21Shares Bitcoin ETF, registering an indeterminate amount of common shares to be traded on the Cboe BZX Exchange. The offering is intended to be a continuous offering for three years. |
N/A | 2 |
| Dec 18, 2023 |
S-1/A filing: This is an S-1/A filing for the ARK 21Shares Bitcoin ETF, an exchange-traded fund issuing common shares of beneficial interest, with the intention of tracking the performance of bitcoin as measured by the CME CF Bitcoin Reference Rate - New York Variant. |
N/A | 2 |
| Nov 20, 2023 |
S-1/A filing: This is an S-1/A filing for the ARK 21Shares Bitcoin ETF, an exchange-traded fund issuing common shares of beneficial interest. The Trust's investment objective is to track the performance of bitcoin. |
N/A | 0 |
| Sep 07, 2023 |
S-1/A filing: This is an S-1/A filing for the offering of shares of a trust. The trust continuously offers baskets consisting of 5,000 shares to authorized participants. |
N/A | 0 |