Analysis: It is expected that after the opening of the US stock market tonight, the ETF custody address will net inflow 3,547 BTC
According to ChainCatcher's message, monitored by on-chain analyst Yu Jin, on 3/27, ten BTC spot ETFs had a net inflow of $243.41M, corresponding to an estimated net inflow of about 3,547 BTC into ETF custody addresses after the US stock market opens tonight (3/28):
Outflow: Grayscale (GBTC) had an outflow of about 4,368 BTC (corresponding to a fund outflow of $299.84M on 3/27);
Inflow: The remaining nine ETFs had an inflow of about 7,915 BTC (corresponding to a fund inflow of $543.25M). The main contributors were BlackRock (IBIT) and Cathie Wood's Ark Invest (ARKB), which together accounted for an inflow of 7,642 BTC ($524.51M).
Currently, the total amount of BTC held by the ten BTC spot ETFs is 831,955 BTC ($57.1B).

Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags