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ARK, GRAYSCALE AND BITWISE PULL $169M FROM BITCOIN ETFS

ARK, GRAYSCALE AND BITWISE PULL $169M FROM BITCOIN ETFS

Three US spot bitcoin ETFs posted $168.6 million of outflows on Oct. 7, according to Farside Investors: ARK's $ARKB lost $101.7 million, Grayscale's $GBTC $39.3 million and Bitwise's $BITB $27.6 million. BlackRock's $IBIT and Fidelity's $FBTC have not reported yet. IBIT took in money on 12 of the previous 13 trading days, about $1.9 billion in total, and the funds have pulled in a net $57.7 billion since launch. $BTC

@55 Markets·56m ago·Source: Farside Investors
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Written and verified by @55 Markets from the linked source. Not investment advice.