Scan to download
BTC $70,023.73 -5.40%
ETH $2,159.94 -6.92%
BNB $644.41 -4.49%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $454.62 -3.34%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9574 -6.90%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%
BTC $70,023.73 -5.40%
ETH $2,159.94 -6.92%
BNB $644.41 -4.49%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $454.62 -3.34%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9574 -6.90%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Analysis: After the opening of the US stock market tonight, the ETF custody address is expected to net inflow approximately 597 BTC

2024-04-03 17:46:09
Collection

ChainCatcher news, according to Ember monitoring, last night (4/2) Ark Invest and 21Shares (ARKB) saw an outflow of $87.49M, exceeding Grayscale (GBTC) at $81.86M. Previously, apart from Grayscale (GBTC), there were occasional outflows from some ETFs, but the amounts were not large; the absolute main outflow was only Grayscale (GBTC). This is also the first time an ETF has surpassed Grayscale (GBTC) in daily outflows.

On 4/2, the ten BTC spot ETFs had a net inflow of $39.46M, corresponding to approximately 597 BTC that will net inflow into ETF custody addresses after the US stock market opens tonight (4/3):

◎ Outflow: Ark Invest and 21Shares (ARKB) and Grayscale (GBTC) had an outflow of approximately 2,563 BTC (corresponding to the 4/2 outflow of $169.35M);

◎ Inflow: The remaining eight ETFs had an inflow of approximately 3,160 BTC (corresponding to the 4/2 inflow of $208.81M).

Currently, the ten BTC spot ETFs hold a total of 832,523 BTC ($55.01B).

Related tags
app_icon
ChainCatcher Building the Web3 world with innovations.