ARK 21Shares Bitcoin ETF Hits $200M Daily Inflows for First Time
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The ARK 21 Shares Bitcoin ETF (ARKB) registered inflows of more than $200 million for the first time on Wednesday.
The bitcoin ETF market registered net inflows of $243.4 million as BTC teased a return north of $72,000 a week after sinking below $63,000.
ARKB became the third bitcoin ETF to cross this mark on a single day after BlackRock’s IBIT and Fidelity’s FBTC.
FBTC in fact saw a record low day of only $1.5 million on Wednesday, while IBIT saw inflows of $323.8 million.
Edited by Bradley Keoun.