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[BUSINESS] · United States · 2 sources

ARK Invest adds SpaceX shares as Bitcoin ETFs record historic outflows

ARK Invest increased its stake in SpaceX across four of its exchange‑traded funds, buying a total of 116,971 shares on the day the stock hit a record low after its recent inclusion in the NASDAQ‑100. The purchases were matched by parallel reductions in AMD holdings within the same funds, reflecting a coordinated rebalancing strategy.

U.S. spot‑Bitcoin ETFs have logged the longest continuous outflow series since their launch, with BlackRock’s iShares Bitcoin Trust (IBIT) alone shedding about $1.34 billion in the week to 5 June. Outflows have persisted for eight weeks, and analysts warn that Bitcoin could fall to roughly $23,979 if the equity market drops by more than half.