Crypto
Bitcoin ETF Outflows Swell to $167M as ARKB Leads Withdrawals
Bitcoin ETFs have seen a significant pullback in the past two days, with net outflows totaling $166.8 million.
The largest contributor to these outflows was ARKB, which saw $78 million in redemptions on Wednesday alone.
Other Bitcoin ETFs, including GBTC and IBIT, also experienced significant withdrawals, with GBTC losing $92.7 million over the two-day period.
In contrast, Ethereum ETFs showed a strong recovery, attracting $34.7 million in inflows on Wednesday after suffering losses the previous day.