November 8, 2024

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ARKB Divests $101M Amid $127M Outflow From Bitcoin ETFs

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ARKB Divests 1M Amid 7M Outflow From Bitcoin ETFs
ARKB Divests 1M Amid 7M Outflow From Bitcoin ETFsOn Tuesday, spot bitcoin exchange-traded funds (ETFs) experienced their first outflows after an eight-day run of inflows. The group of funds saw $127.05 million withdrawn, with ARKB taking the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, though their losses were less significant compared to their bitcoin counterparts. $127M Withdrawn From […]