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The Fund may have exposure to bitcoin, a cryptocurrency, indirectly through an investment in the Bitcoin Investment Trust (‘‘GBTC’’), a privately offered, open-end investment vehicle.

Cryptocurrency operates without central authority or banks and is not backed by any government.

The data presented in the chart and table above represent past performance and cannot be used to predict future results.

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The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range.The principal risks of investing in ARKW include: Equity Securities Risk.The value of the equity securities the Fund holds may fall due to general market and economic conditions. Information technology companies face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. Cryptocurrency (notably, bitcoin), often referred to as ‘‘virtual currency’’ or ‘‘digital currency,’’ operates as a decentralized, peer-to-peer financial exchange and value storage that is used like money.This and other information are contained in the prospectus.Please read the prospectus carefully before investing.

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