ARKB led Wednesday’s Bitcoin ETF outflows as Ether and Solana funds returned to net inflows.
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded $120.2 million in net outflows on Wednesday, bringing withdrawals across the first two sessions of the holiday-shortened week to $166.8 million, according to Farside Investors data.&
The ARK 21Shares Bitcoin ETF (ARKB) led Wednesday’s withdrawals with $78 million, followed by Grayscale’s Bitcoin Trust ETF (GBTC) with $27.2 million and BlackRock’s iShares Bitcoin Trust ETF (IBIT) with $19.5 million. Morgan Stanley’s Bitcoin Trust (MSBT) was the only fund to record inflows, adding $4.5 million.
Wednesday’s withdrawals followed $46.6 million in net outflows on Tuesday, marking the category’s first back-to-back outflow days since a three-day run ended on Aug. 14. Across the two sessions, GBTC lost $92.7 million, while ARKB and IBIT recorded net redemptions of $69.9 million and $8.8 million, respectively.&
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