ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time

ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time

- Bitcoin outflows from the ARK 21Shares ETF surpassed those of Grayscale's Bitcoin Trust for the first time on Tuesday, with ARKB losing $88 million versus GBTC's $81 million. - The sector's net inflows were $40 million, with BlackRock's IBIT and Fidelity's FBTC leading growth. Bitcoin (BTC) outflows from the ARK 21Shares exchange-traded fund (ARKB) on Tuesday surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the first time. Provisional data from Farside Investors shows ARKB saw nearly $88 million in …