US Bitcoin ETF Outflows Hit Three-Week High as Ark Invest Sells ARKB Shares
US spot Bitcoin ETFs saw $171 million in outflows, with Ark Invest cutting its position in ARKB amid market volatility.
US spot Bitcoin ETFs saw $171 million in outflows, with Ark Invest cutting its position in ARKB amid market volatility.
Cathie Wood’s Ark Invest added shares of Coinbase and Robinhood as geopolitical tensions tied to Iran weighed on US equities.
Cathie Wood’s ARK Invest has intensified its purchasing of crypto-linked equities, spending over $93 million in a single day to acquire shares in companies including Block, Circle Internet Group, Coinbase, and Bullish.