It is expected that after the opening of the US stock market, approximately 15,804 BTC will be transferred to various ETF custody addresses

2024-01-31 20:21:01

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According to ChainCatcher news, based on the monitoring by on-chain data analyst Yu Jin, it is expected that after the U.S. stock market opens on January 31, there will be a transfer of approximately 15,804 BTC (about 688 million USD) across various ETF custody addresses, based on the inflow/outflow situation of BTC spot ETF on January 30. Among them, the Grayscale (GBTC) custody address will see an outflow of about 5,066 BTC; the remaining nine ETF custody addresses will see an inflow of about 10,738 BTC, with BlackRock (IBIT) inflowing 6,868 BTC. The overall net inflow is approximately 5,672 BTC (about 247 million USD), marking the third consecutive day of net inflow.

In addition, the ten BTC spot ETF custody addresses currently hold a total of approximately 643,692 BTC (about 28 billion USD).

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