<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 6.4b -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: https://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_RegulatoryRiskMember" xlink:label="arca_RegulatoryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_RegulatoryRiskMember" xlink:to="arca_RegulatoryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_RegulatoryRiskMember_lbl" xml:lang="en-US">Regulatory Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_DigitalAssetAndBlockchainRegulatoryRiskMember" xlink:label="arca_DigitalAssetAndBlockchainRegulatoryRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_DigitalAssetAndBlockchainRegulatoryRiskMember" xlink:to="arca_DigitalAssetAndBlockchainRegulatoryRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_DigitalAssetAndBlockchainRegulatoryRiskMember_lbl" xml:lang="en-US">Digital Asset And Blockchain Regulatory Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_LiquidityRiskMember" xlink:label="arca_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_LiquidityRiskMember" xlink:to="arca_LiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_EmergingTechnologyRiskMember" xlink:label="arca_EmergingTechnologyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_EmergingTechnologyRiskMember" xlink:to="arca_EmergingTechnologyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_EmergingTechnologyRiskMember_lbl" xml:lang="en-US">Emerging Technology Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_OperationalAndTechnologyRiskMember" xlink:label="arca_OperationalAndTechnologyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_OperationalAndTechnologyRiskMember" xlink:to="arca_OperationalAndTechnologyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_OperationalAndTechnologyRiskMember_lbl" xml:lang="en-US">Operational And Technology Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_TheFeesAndRisksRelatedToUseOfTheEthereumBlockchainMember" xlink:label="arca_TheFeesAndRisksRelatedToUseOfTheEthereumBlockchainMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_TheFeesAndRisksRelatedToUseOfTheEthereumBlockchainMember" xlink:to="arca_TheFeesAndRisksRelatedToUseOfTheEthereumBlockchainMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_TheFeesAndRisksRelatedToUseOfTheEthereumBlockchainMember_lbl" xml:lang="en-US">The Fees And Risks Related To Use Of The Ethereum Blockchain [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_EthereumBlockchainTechnologyRisksMember" xlink:label="arca_EthereumBlockchainTechnologyRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_EthereumBlockchainTechnologyRisksMember" xlink:to="arca_EthereumBlockchainTechnologyRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_EthereumBlockchainTechnologyRisksMember_lbl" xml:lang="en-US">Ethereum Blockchain Technology Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_ForkRiskMember" xlink:label="arca_ForkRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_ForkRiskMember" xlink:to="arca_ForkRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_ForkRiskMember_lbl" xml:lang="en-US">Fork Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_FiftyOnePercentAttackRiskMember" xlink:label="arca_FiftyOnePercentAttackRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_FiftyOnePercentAttackRiskMember" xlink:to="arca_FiftyOnePercentAttackRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_FiftyOnePercentAttackRiskMember_lbl" xml:lang="en-US">Fifty One Percent Attack Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_AdditionalRisksOfTheEthereumBlockchainsChangeToAProofOfStakeConsensusMechanismMember" xlink:label="arca_AdditionalRisksOfTheEthereumBlockchainsChangeToAProofOfStakeConsensusMechanismMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_AdditionalRisksOfTheEthereumBlockchainsChangeToAProofOfStakeConsensusMechanismMember" xlink:to="arca_AdditionalRisksOfTheEthereumBlockchainsChangeToAProofOfStakeConsensusMechanismMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_AdditionalRisksOfTheEthereumBlockchainsChangeToAProofOfStakeConsensusMechanismMember_lbl" xml:lang="en-US">Additional Risks Of The Ethereum Blockchains Change To A Proof Of Stake Consensus Mechanism [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_ConflictsOfInterestMember" xlink:label="arca_ConflictsOfInterestMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_ConflictsOfInterestMember" xlink:to="arca_ConflictsOfInterestMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_ConflictsOfInterestMember_lbl" xml:lang="en-US">Conflicts Of Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_IntervalFundRiskMember" xlink:label="arca_IntervalFundRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_IntervalFundRiskMember" xlink:to="arca_IntervalFundRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_IntervalFundRiskMember_lbl" xml:lang="en-US">Interval Fund Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_RiskOfFundClosureMember" xlink:label="arca_RiskOfFundClosureMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_RiskOfFundClosureMember" xlink:to="arca_RiskOfFundClosureMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_RiskOfFundClosureMember_lbl" xml:lang="en-US">Risk Of Fund Closure [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_LiquidityRisksMember" xlink:label="arca_LiquidityRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_LiquidityRisksMember" xlink:to="arca_LiquidityRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_LiquidityRisksMember_lbl" xml:lang="en-US">Liquidity Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_RisksRelatingToTheFundsTaxStatusMember" xlink:label="arca_RisksRelatingToTheFundsTaxStatusMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_RisksRelatingToTheFundsTaxStatusMember" xlink:to="arca_RisksRelatingToTheFundsTaxStatusMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_RisksRelatingToTheFundsTaxStatusMember_lbl" xml:lang="en-US">Risks Relating To The Funds Tax Status [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_RelianceOnTheTransferAgentMember" xlink:label="arca_RelianceOnTheTransferAgentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_RelianceOnTheTransferAgentMember" xlink:to="arca_RelianceOnTheTransferAgentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_RelianceOnTheTransferAgentMember_lbl" xml:lang="en-US">Reliance On The Transfer Agent [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_SecondaryMarketRisksMember" xlink:label="arca_SecondaryMarketRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_SecondaryMarketRisksMember" xlink:to="arca_SecondaryMarketRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_SecondaryMarketRisksMember_lbl" xml:lang="en-US">Secondary Market Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_MarketManipulationRisksMember" xlink:label="arca_MarketManipulationRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_MarketManipulationRisksMember" xlink:to="arca_MarketManipulationRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_MarketManipulationRisksMember_lbl" xml:lang="en-US">Market Manipulation Risks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_USTreasuryObligationsRiskMember" xlink:label="arca_USTreasuryObligationsRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_USTreasuryObligationsRiskMember" xlink:to="arca_USTreasuryObligationsRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_USTreasuryObligationsRiskMember_lbl" xml:lang="en-US">U S Treasury Obligations Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_InterestRatesRiskMember" xlink:label="arca_InterestRatesRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_InterestRatesRiskMember" xlink:to="arca_InterestRatesRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_InterestRatesRiskMember_lbl" xml:lang="en-US">Interest Rates Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_LiquidityRisk1Member" xlink:label="arca_LiquidityRisk1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_LiquidityRisk1Member" xlink:to="arca_LiquidityRisk1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="arca_LiquidityRisk1Member_lbl" xml:lang="en-US">Liquidity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_PortfolioManagementRiskMember" xlink:label="arca_PortfolioManagementRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_PortfolioManagementRiskMember" xlink:to="arca_PortfolioManagementRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_PortfolioManagementRiskMember_lbl" xml:lang="en-US">Portfolio Management Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_MarketRiskMember" xlink:label="arca_MarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_MarketRiskMember" xlink:to="arca_MarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_MarketRiskMember_lbl" xml:lang="en-US">Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="arca-20260430.xsd#arca_ValuationRiskMember" xlink:label="arca_ValuationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_ValuationRiskMember" xlink:to="arca_ValuationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_ValuationRiskMember_lbl" xml:lang="en-US">Valuation Risk [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="arca_LiquidityRisk1Member" xlink:to="arca_LiquidityRisk1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="arca_LiquidityRisk1Member_2_lbl" xml:lang="en-US">Liquidity Risk [Member] [Default Label]</link:label>
    </link:labelLink>
</link:linkbase>