Ark Invest's Bitcoin ETF Outflows Surpass GBTC Inflows for the Second Day

Wednesday, 3 April 2024, 10:16
ARKB experienced $87 million net outflows while Bitcoin ETFs collectively received $40.3 million in net inflows, marking a significant shift in investor sentiment. This reversal in fund flows indicates changing preferences within the cryptocurrency investment landscape, with ARKB losing traction compared to its peers. The trend showcases a potential shift in market dynamics and investor behavior regarding Bitcoin-related investments.
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Ark Invest's Bitcoin ETF Outflows Surpass GBTC Inflows for the Second Day

Ark Invest's Bitcoin ETF Outflow Trend

ARKB saw a second day of outflows as Bitcoin ETFs collectively received $40.3 million in net inflows, reversing the previous day's negative flows.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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