According to PANews, on May 28, Grayscale Bitcoin Trust (GBTC) experienced a net outflow of $105 million, while ARK Innovation ETF (ARKB) recorded a net inflow of $4 million. The data was monitored and reported by HODL15Capital.
The significant outflow from GBTC indicates a shift in investor sentiment, possibly due to the recent volatility in the cryptocurrency market. On the other hand, the inflow into ARKB suggests a growing interest in innovative technology investments.
It's important to note that these figures represent the net movement of funds, taking into account both inflows and outflows. The data provides valuable insights into the investment trends and can be used to gauge the market sentiment towards these investment vehicles.