TechFlow news, Cathie Wood's ARK 21Shares Bitcoin exchange-traded fund (ETF) saw more than $87 million in daily outflows—the first time since the launch of spot Bitcoin ETFs in the U.S. that this fund has recorded larger daily outflows than Grayscale’s Bitcoin Trust (GBTC). According to preliminary data from Farside Investors, on April 2, ARK 21Shares ETF (ARKB) experienced outflows of $87.5 million, equivalent to approximately 1,300 BTC.
Today marks the second consecutive day of outflows for ARKB, with the fund seeing its first outflows since April 1, losing $300,000 in assets. Since converting to a spot ETF, Grayscale has seen continuous daily outflows, with another $81.9 million exiting the fund today.
Add to Favorites
Share to Social Media
