Data: It is expected that approximately 4,158 BTC will be transferred to various ETF custody addresses after the opening of the US stock market

ChainCatcher news, on-chain analyst Yu Jin tweeted that based on the BTC spot ETF fund flow on February 6, it is expected that after the opening of the US stock market on February 7, approximately 4,158 BTC (about $179 million) will be transferred from various ETF custody addresses.

Among them, the Grayscale (GBTC) custody address is expected to see an outflow of about 1,688 BTC (approximately $72.72 million), while the other nine ETF custody addresses are expected to see an inflow of about 2,470 BTC (approximately $106 million), with BlackRock (IBIT) seeing the largest inflow of about 1,050 BTC ($45.24 million). Overall, the net inflow of the ten ETFs is about 782 BTC (approximately $33.74 million), marking the eighth consecutive day of net inflows.

Nevertheless, both the outflow from Grayscale and the inflow from other ETFs show signs of slowing down, with trading gradually stabilizing. Currently, the total holdings of these ten BTC spot ETF custody addresses are approximately 655,576 BTC (about $28.32 billion).