November 22, 2024

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ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class

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ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class
ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler ClassIn a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also faced a reduction, with approximately $81.9 million being pulled from its funds. […]