The amount of inflows recorded is 5x the average for the Ark 21 Shares BTC ETFs
The ARK 21Shares spot Bitcoin ETF experienced unprecedented inflows of $201.8 million in a single day, nearly quintupling its average daily inflows. This surge coincides with Bitcoin's price nearly hitting $72,000 before a slight retraction. The event signals a growing investor interest in Bitcoin ETFs, overshadowing concerns over short-term price fluctuations.
BlackRock's Bitcoin ETF, IBIT, garners unprecedented inflows, crossing $13.8B in assets under management