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Ark Invest's ETF tops crypto inflows, signaling market recovery
Ark's ARKB ETF led cryptocurrency inflows with $113.8 million, reversing earlier outflows. BlackRock's IBIT ETF followed with $93.4 million, and Fidelity's FBTC ETF saw inflows of $74 million. Bitwise's BITB ETF gained $50.4 million, while VanEck's HODL ETF added $22.1 million. Invesco's BTCO and Franklin's EZBC reported smaller contributions of $6.5 million and $5.7 million, respectively. In contrast, Grayscale's GBTC continued to experience outflows, losing $7.7 million, although its smaller BTC ETF gained $2.9 million.
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