Ark Invest’s spot bitcoin ETF logs record $100 million in daily net outflows – The Block
Ark Invest’s spot bitcoin ETF has experienced a record $100 million in daily net outflows, according to reports from The Block. This significant withdrawal of funds indicates a shift in investor sentiment towards the popular cryptocurrency. Despite the outflows, it is important to note that ETFs can be subject to fluctuations in investor demand and market conditions. Investors should carefully consider their investment strategies and risk tolerance when participating in ETFs linked to bitcoin.