BTC $78,714.38 +1.00%
ETH $2,475.33 +1.27%
BNB $698.35 +1.04%
XRP $1.40 +0.53%
SOL $106.14 +0.99%
TRX $0.3403 +0.62%
DOGE $0.0852 -0.16%
ADA $0.2032 +0.61%
BCH $252.39 +2.48%
LINK $11.57 +1.18%
HYPE $83.49 +0.77%
AAVE $125.81 +1.30%
SUI $0.7480 +0.36%
XLM $0.1799 +0.37%
ZEC $856.02 +2.12%
BTC $78,714.38 +1.00%
ETH $2,475.33 +1.27%
BNB $698.35 +1.04%
XRP $1.40 +0.53%
SOL $106.14 +0.99%
TRX $0.3403 +0.62%
DOGE $0.0852 -0.16%
ADA $0.2032 +0.61%
BCH $252.39 +2.48%
LINK $11.57 +1.18%
HYPE $83.49 +0.77%
AAVE $125.81 +1.30%
SUI $0.7480 +0.36%
XLM $0.1799 +0.37%
ZEC $856.02 +2.12%

Analysis: After the US stock market opens, ETF custody addresses will see a net inflow of approximately 1,718 BTC

2024-04-04 20:03:07

According to ChainCatcher news, on April 3, analyst Yu Jin predicted that the net inflow of funds for ten BTC spot ETFs would be $113.16 million, corresponding to a net inflow of approximately 1,718 BTC into ETF custody addresses after the U.S. stock market opens on April 4, including:

  • Outflow: Grayscale (GBTC) had an outflow of about 1,141 BTC (corresponding to an outflow of $75.14 million on 4/3);
  • Inflow: The remaining nine ETFs had an inflow of about 2,859 BTC (corresponding to an inflow of $188.3 million on 4/3). The main contributor to the inflow was Fidelity (FBTC), which saw an inflow of 1,771 BTC ($116.67 million).

Currently, the total amount of BTC held by the ten BTC spot ETFs is 834,655 BTC (approximately $54.98 billion).

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