- ARKB, the Bitcoin ETF collab from ARK Invest and 21Shares, has shown remarkable resilience with significant inflows on March 14 and 17 despite widespread selloffs across the Bitcoin ETF market
- In a period when Bitcoin ETFs have seen 35 times more outflows than inflows, ARKB has drawn $353.4 million in inflows since February 26 even as competitors recorded massive outflows, highlighting renewed investor interest
- Alongside ARKB’s momentum, Bitcoin itself has stabilized with a 5.60% gain over the last week and is trading around $83,130, indicating a potential shift toward market recovery
The Bitcoin ETF collaboration between ARK Invest and 21Shares — ARKB — has shown a significant increase in inflows as of late.
Recently, Bitcoin exchange-traded funds have seen major selling pressure amidst the stagnation of the cryptocurrency market. Since February, all Bitcoin ETFs have seen 35 times more outflows than inflows according to data from Farside Investors.
Despite that, ARKB has sown incredible resilience amidst the market sell-off. Just today, March 17, the fund reported $88.5 in Bitcoin added to the funds. On the previous recorded day, March 14, ARKB registered $10.5 million in inflows.
This performance becomes especially significant when accounting for the opposition. On the same date March 14, Blackrock’s IBIT saw $96.2 million leaving the fund, while the largest spot Bitcoin fund GBTC hasn’t seen a single inflow day since February 4th.
Since February 26, ARKB has seen $353.4 million in inflows, with an outflow of $498 million. While the fund is still in a $145.7 million deficit, it still stands out in comparison to Blackrock’s $1.3 billion outflows in the same period.
Additionally, Bitcoin itself appears to be stabilizing, up 5.60% over the last week and trading at around $83,130. This price recovery underscores a potentially broader market stabilization that contrasts with the fierce sell-offs seen in many ETF flows, suggesting that investor confidence in Bitcoin’s resilience is gradually returning.
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