ARKB Sheds $101M Amid $127M Exit From Bitcoin ETFs

On Tuesday, bitcoin exchange-traded funds (ETFs) saw their first outflows after an eight-day streak of inflows. The group of funds was withdrawn by $127.05 million, and ARKB took the brunt of the losses, shedding $101.97 million. Ether ETFs also saw declines, although their losses were less significant compared to their bitcoin counterparts. USD 127 million withdrawn from (…)