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CryptoIntelligence 2024-04-04 01:33:00

ARK 21Shares Bitcoin ETF Sees Record $201.8M Inflows Amid Surging Market Interest

On Wednesday, the ARK 21Shares spot Bitcoin exchange-traded fund (ETF) saw an unprecedented surge in interest, recording $201.8 million in inflows, marking a significant spike and nearly five times its average daily inflows. This remarkable influx came as Bitcoin neared the $72,000 mark, showcasing a notable enthusiasm in the cryptocurrency market. According to preliminary figures from Farside Investors, this day’s inflow was four times the ETF’s average daily inflow of $43.9 million since its inception on January 11. It also represented a substantial increase from the $73.6 million inflow observed the previous day, highlighting a growing investor interest in Bitcoin

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