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SOL $83.88 -0.21%
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BCH $443.98 -0.35%
LINK $9.44 +2.95%
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AAVE $92.08 -1.33%
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ZEC $408.08 +3.53%

Analysis: After the US stock market opens tonight, the ETF custody address will net inflow approximately 221 BTC

2024-03-26 17:18:20
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's post, on March 25, the net inflow of funds for ten BTC spot ETFs was $15.7 million, corresponding to an estimated net inflow of about 221 BTC to the ETF custody addresses after the opening of the U.S. stock market tonight:

Outflow: Grayscale (GBTC) had an outflow of approximately 4,930 BTC (corresponding to an outflow of $350.10 million on 3/25);

Inflow: The remaining nine ETFs had an inflow of approximately 5,151 BTC (corresponding to an inflow of $365.8 million on 3/25). The main contributor was Fidelity (FBTC), with an inflow of 3,687 BTC ($261.79 million).

Currently, the total amount of BTC held by the ten BTC spot ETFs is 823,375 BTC ($58.46 billion).

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