The ARK 21Shares Bitcoin ETF saw a massive $201.8 million in inflows, almost a four-fold increase from its daily average of $43.9 million.
ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund (ETF) managed to notch a record $201.8 million of inflows on Wednesday, almost quintupling its average daily inflows as Bitcoin just fell short of reaching $72,000.
Preliminary data from Farside Investors revealed that on March 27, the ARK 21Shares Bitcoin ETF’s daily inflow was a four-fold increase from its daily average of $43.9 million since its launch on Jan. 11.
It also nearly tripled the amount from the previous day when ARK Invest saw inflows of $73.6 million, while there were no recorded inflows on March 25.
