Massive inflows of $201.8 million were made into the ARK 21Shares Bitcoin ETF, nearly quadrupling its daily average of $43.9 million. While BTC just missed $72,000, ARK 21Shares’ spot BTC tickers down $70,774 exchange-traded fund (ETF) managed to post $201.8 million in inflows on Wednesday, nearly quintupling its normal daily inflows. The ARK 21Shares BTC ETF had a four-fold surge in daily inflow on March 27 compared to its daily average of $43.9 million since its introduction on January 11, according to preliminary data from Farside Investors.
According To Data From CoinMarketCap, The Price Of Bitcoin Is Currently $69,464
The ARK 21Shares BTC ETF had a four-fold surge in daily inflow on March 27 compared to its daily average of $43.9 million since its introduction on January 11, according to preliminary data from Farside Investors.
Additionally, it nearly quadrupled the amount from the day before, when ARK Invest recorded inflows of $73.6 million; on March 25, there were no inflows reported. In the meanwhile, inflows into the Franklin Bitcoin ETF (EZBC), the VanEck Bitcoin ETF (HODL), the Valkyrie ETF (BRRR), and the Invesco Galaxy Bitcoin ETF (BTCO) were $4.8 million, $5.1 million, and $1.9 million, respectively. Single-digit inflows of $1.5 million were reported by the WisdomTree BTC ETF (BTCW) and the Fidelity Investments BTC ETF (FBTC). As of this writing, BlackRock data has yet to be received.
