ARK Bitcoin ETF Records $87M Outflow, Exceeds GBTC
Key Takeaways Bitcoin outflows from ARK 21Shares exchange-traded fund (ARKB) surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the first time on Tuesday. Managed by Cathie Wood’s ARK Invest, ARK 21Shares Bitcoin ETF recorded daily outflows of over $87 million,…