United States-based spot Bitcoin (BTC) exchange-traded funds (ETF) recorded $563.7 million in total net outflows on March 1 — the largest since the funds began trading on January 11 — according to data from Farside Investors. These outflows coincide with a 10.32% BTC price decrease over the past week. Fidelity’s Wise Origin Bitcoin Fund (FBTC) […]
Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) saw net outflows of $87.5 million on April 2, the highest since its debut, according to preliminary data from Farside Investors. This outflow is equivalent to approximately 1,300 BTC. The amount surpasses outflows seen from Grayscale’s Bitcoin Trust (GBTC), which recorded $81.9 million on the same day. This […]