ARK Invest BTC spot ETF daily outflows exceed GBTC for first time since launch

ARK Invest BTC spot ETF daily outflows exceed GBTC for first time since launch

"For the first time since the launch of Bitcoin spot ETFs in the U.S., daily outflows for ARKB, the ARK Invest 21 Shares BTC spot ETF, have surpassed those of Grayscale's GBTC," BitMEX Research, a division of global cryptocurrency exchange BitMEX, reported on X. As of Feb. 2 (local time), ARKB reported net outflows of $88 million, while GBTC saw a smaller outflow of $82 million.