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