The article highlights the recent outflow of $87M from Cathie Wood’s ARK Bitcoin ETF, surpassing the outflows from Grayscale’s GBTC. The outflows were seen for the second consecutive day from ARK 21Shares’ spot Bitcoin ETF. The trend of investors moving away from these investment vehicles is significant in the cryptocurrency market. It is essential for investors and cryptocurrency enthusiasts to stay updated on such movements to make informed decisions.
Cathie Wood’s ARK Bitcoin ETF faces $87M outflows: Market impact & analysis
Related articles