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BTC $65,696.10 -1.63%
ETH $1,778.75 -2.67%
BNB $604.20 -3.37%
XRP $1.22 -4.84%
SOL $73.14 -2.50%
TRX $0.3171 -0.73%
DOGE $0.0864 -3.33%
ADA $0.1732 -7.24%
BCH $216.76 -3.58%
LINK $8.19 -3.48%
HYPE $73.33 +7.80%
AAVE $74.27 -1.98%
SUI $0.7844 -3.49%
XLM $0.2146 -6.85%
ZEC $501.78 -4.59%

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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