ARKB Bitcoin ETF faces record outflow amid market volatility

Ark Invest’s 21Shares Bitcoin ETF (ARKB) experienced a significant net outflow of $87.5 million on Tuesday. This marks the highest single-day outflow for the fund since its inception, as per data from SoSoValue. This event surpassed the outflows of Grayscale’s GBTC, which saw $81.9 million withdrawn on the same day. Prior to this, ARKB had…

Read full story at Cryptopolitan >