Bitcoin ETFs Record $51M Net Outflows On Monday, Continue 3-Week Outflow Trend – ARK 21Shares Bitcoin ETF Common Shares of Beneficial Interests (BATS:ARKB), Grayscale Bitcoin Trust (BTC) Common Units of fractional undivided beneficial interest (ARCA:GBTC)

The cryptocurrency investment landscape has been marked by a concerning trend in recent weeks, with significant outflows recorded across major Bitcoin BTC/USD spot ETFs.

What Happened: According to data from SoSoValue, notable outflows were reported on Monday, with ARK 21Shares‘s ARKB ARKB/USD experiencing a single-day net outflow of $31.34 million, surpassing Grayscale‘s GBTC GBTC which saw a reduction of $24.66 million. The total net outflow for the day was $51.53 million.

Meanwhile, BlackRock’s iShares Bitcoin Trust IBIT showed no movement, maintaining a stagnant flow for four consecutive days.

This pattern of withdrawals is part of a broader trend affecting digital asset…

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