According to BlockBeats, on July 9th, Grayscale GBTC and ARKB experienced substantial net inflows. Data from Farside Investors revealed that Grayscale GBTC had a net inflow of 25.1 million USD, while ARKB saw a net inflow of 8.4 million USD.
The significant inflow into these funds indicates a growing interest from investors. The Grayscale GBTC, in particular, has been a popular choice for those looking to gain exposure to the cryptocurrency market without the need to directly own the assets.
ARKB, on the other hand, is an ETF that focuses on companies that are leading the way in the development and application of blockchain technology. The substantial inflow into ARKB suggests that investors are increasingly recognizing the potential of blockchain technology and are willing to invest in it.
It's important to note that these figures represent net inflows, which is the difference between the amount of money coming into the fund and the amount going out. A positive net inflow indicates that more money is being invested into the fund than is being withdrawn, which is generally a positive sign for the fund's performance.