Bitcoin ETFs See Inflows as Investors Shift from Grayscale, Eyeing Lower Fees and Halving Price Boost

• Ark Invest's Bitcoin ETF (ARKB) saw $87.5M in net outflows on April 2, surpassing Grayscale's GBTC outflows of $81.9M

• Bitcoin ETFs overall saw net inflows of $40.3M, reversing previous day's negative flows

• Investors shifting from GBTC to ARKB and other Bitcoin ETFs due to significantly lower fees

• Grayscale filed for a "Spin-Off" product in bid to stop investors leaving GBTC

• Bitcoin ETFs' large BTC purchases ahead of halving could create supply crunch and drive up prices