BTC $77,658.06 -2.43%
ETH $2,440.06 -1.76%
BNB $690.69 -2.63%
XRP $1.39 -2.38%
SOL $104.12 -2.59%
TRX $0.3402 +0.38%
DOGE $0.0851 -2.66%
ADA $0.2013 -3.84%
BCH $246.91 -6.44%
LINK $11.38 -2.90%
HYPE $81.91 -1.31%
AAVE $121.37 -3.52%
SUI $0.7423 -2.04%
XLM $0.1784 -2.97%
ZEC $798.98 +1.51%
BTC $77,658.06 -2.43%
ETH $2,440.06 -1.76%
BNB $690.69 -2.63%
XRP $1.39 -2.38%
SOL $104.12 -2.59%
TRX $0.3402 +0.38%
DOGE $0.0851 -2.66%
ADA $0.2013 -3.84%
BCH $246.91 -6.44%
LINK $11.38 -2.90%
HYPE $81.91 -1.31%
AAVE $121.37 -3.52%
SUI $0.7423 -2.04%
XLM $0.1784 -2.97%
ZEC $798.98 +1.51%

Analysis: It is expected that after the U.S. stock market opens on April 15, the Bitcoin spot ETF custody address will see a net outflow of approximately 824 BTC

2024-04-13 17:44:32

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, BTC spot ETFs experienced a net outflow of $83.45 million over the past week. The BTC price also retraced from $72,000 to $67,000 this week, a decline of 7%. On April 12, eleven BTC spot ETFs had a net outflow of $55.06 million, corresponding to a net outflow of approximately 824 BTC from ETF custody addresses after the U.S. stock market opens next Monday (4/15):

  • Outflow: Grayscale (GBTC) had an outflow of approximately 2,486 BTC (corresponding to a fund outflow of $166.21 million on 4/12);
  • Inflow: BlackRock (IBIT) had an inflow of approximately 1,662 BTC (corresponding to a fund inflow of $111.15 million on 4/12).

Currently, the eleven BTC spot ETFs hold a total of 841,806 BTC (worth $56.29 billion).

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