ARK 21 Shares Lead The ETF Outflow As Bitcoin and Ethereum Lose Momentum!

The post ARK 21 Shares Lead The ETF Outflow As Bitcoin and Ethereum Lose Momentum! appeared first on Coinpedia Fintech News

On 03rd October, both BTC and ETH ETFs recorded a negative flow. Reportedly, 3 out of 11 Bitcoin ETFs experienced a positive flow with Blackrock’s “IBIT” leading with $35.9M. Moreover, 6 ETFs have recorded a neutral flow. Whereas ARK’s “ARKB” loses $58M, followed by Fidelity’s “FBTC” with $37.2M. With this, the total outflow for the day concluded at 54.3M. On the other hand, despite Blackrock’s “ETHA” adding $12M, Grayscale’s “ETHE” lost $14.7M, followed by Fidelity’s “FETH” with $0.6M. With 6 ETFs recording a neutral flow, Ethereum ETF closed the day with a total outflow of $3.3M