ARK Invest's Bitcoin ETF ARKB Registers Inflows of Over $200 Million, Becoming Third to Cross Mark in a Single Day

The ARK 21 Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood's ARK Invest, saw inflows of over $200 million, reaching this milestone for the first time. BitMEX Research reported that the bitcoin ETF market had net inflows of $243.4 million, as BTC approached $72,000 after dropping below $63,000 a week earlier. ARKB became the third bitcoin ETF to surpass this threshold in a single day, following BlackRock's IBIT and Fidelity's FBTC. While IBIT saw inflows of $323.8 million, FBTC had a record low day of only $1.5 million on Wednesday.