Share this article
ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time
Tuesday's outflows from the ARKB exchange-traded fund marked the first time a provider lost more than Grayscale’s GBTC.
Updated Apr 3, 2024, 8:16 a.m. Published Apr 3, 2024, 8:14 a.m.
- Bitcoin outflows from the ARK 21Shares ETF surpassed those of Grayscale's Bitcoin Trust for the first time on Tuesday, with ARKB losing $88 million versus GBTC's $81 million.
- The sector's net inflows were $40 million, with BlackRock's IBIT and Fidelity's FBTC leading growth.
Bitcoin outflows from the ARK 21Shares exchange-traded fund (ARKB) on Tuesday surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the first time.
Provisional data from Farside Investors shows ARKB saw nearly $88 million in outflows on Tuesday, more than GBTC’s $81 million. The two products were the only losers among the 11 ETFs.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Bitcoin ETF Flow (US$ million) - 2024-04-02
— Farside Investors (@FarsideUK) April 3, 2024
TOTAL NET FLOW: 40.3
(Provisional data)
IBIT: 150.5
FBTC: 44.8
BITB: 4.3
ARKB: -87.5
BTCO: 0
EZBC: 0
BRRR: 3.7
HODL: 5.6
BTCW: 0
GBTC: -81.9
DEFI: 0.8
For all the data & disclaimers visit:https://t.co/4ISlrCgZdk
ARKB’s outflows were the biggest since it went live in January. It lost $300,000 on Monday, notching its first ever outflows.
Grayscale’s total outflows now exceed $15 billion, the data shows, and it has seen outflows continuously since March 15.
BlackRock’s IBIT, the usual leader, took on another $150 million, followed by Fidelity’s FBTC at $44 million. Overall net inflows stood at $40 million, up from net outflows of $80 million on Monday.
Bitcoin prices are little changed over the past 24 hours, trading at just over $66,000 as of European morning hours. The broad-based CoinDesk 20 is down 0.6%.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug
As institutions are laying the groundwork for wider crypto adoption from the top down, it’s being met by rising interest from football fans from the ground up.
Top Stories
