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Analysis: It is expected that after the opening of the US stock market tonight, the ETF custody address will have a net outflow of approximately 2,731 BTC

2024-05-01 18:25:11
Collection

ChainCatcher news, on-chain data analyst Yu Jin stated that after the opening of the US stock market tonight, the ETF custody addresses are expected to see a net outflow of approximately 2,731 BTC, including:

  • Outflow: Four ETFs including Grayscale (GBTC) will see an outflow of about 2,792 BTC;
  • Inflow: Ark Invest (ARKB) will see an inflow of about 61 BTC.

Currently, the eleven BTC spot ETFs hold a total of 830,928 BTC (approximately 49.16 billion USD).

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