ARK 21Shares Bitcoin ETF (ARKB)

Nobody posted explanation regarding share price drop, so here's what happened. 
Yes, the ARK 21Shares Bitcoin ETFd (ARKB) underwent a 3-for-1 share split. Key details about the ARKB share split:
Split ratio: 3-for-1, meaning each existing share became three shares.Effective date: The split was expected to be effective when the market opened on June 16, 2025.Reason for the split: According to 21Shares, the split was intended to improve accessibility for retail investors and enhance trading efficiency.Impact: The split lowered the price per share, making it more affordable for retail investors. The split did not change the fund's ticker symbol, CUSIP, total net asset value, or investment strategy. Nobody posted explanation regarding share price drop, so here's what happened. 
Yes, the ARK 21Shares Bitcoin ETFd (ARKB) underwent a 3-for-1 share split. Key details about the ARKB share split:
Split ratio: 3-for-1, meaning each existing share became three shares.Effective date: The split was expected to be effective when the market opened on June 16, 2025.Reason for the split: According to 21Shares, the split was intended to improve accessibility for retail investors and enhance trading efficiency.Impact: The split lowered the price per share, making it more affordable for retail investors. The split did not change the fund's ticker symbol, CUSIP, total net asset value, or investment strategy. 

A black swan event in the stock market is a rare, unpredictable event that causes a significant market crash or disruption. These events are often market crashes that are more than six standard deviations, making them highly improbable $ARKB

Buy. Hold. Retire.

We will know in the fullness of time