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Bitcoin and Ethereum ETFs dropped $1.11 billion in just two days. What happened?
Bad for ARKBArk Invest's ARKB lost $84.40 million over two days, reflecting investor exits that reduce assets under management for its Bitcoin ETF.
Bitcoin surges past $70K as declining Treasury yields may boost spot BTC ETFs.
Good for ARKBThe ETF also saw notable inflows, reflecting a broader recovery in the Bitcoin market.
Raoul Pal claims Bitcoin's rise past $71,000 signifies the 'Bessent Put' and indicates a substantial signal.
Good for ARKBARK's Bitcoin ETF also experienced substantial inflows, reflecting positive market sentiment towards Bitcoin.