Bitcoin exchange-traded funds (ETFs) faced a notable setback on Wednesday, experiencing $43.97 million in outflows that brought an end to a two-day period of positive net flows. This development under scores the volatile nature of the cryptocurrency market and raises questions about its immediate future.

ARKB and Other ETFs Hit Hard

Among the ETFs impacted by this outflow, Ark Invest and 21Shares’ ARKB saw the largest departure of funds.&middot

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