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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 579 BTC

2024-05-03 14:47:46

ChainCatcher news, on-chain data analyst Yu Jin stated that it is expected that after the opening of the US stock market tonight, the ETF custody addresses will see a net outflow of approximately 579 BTC, among which:

  • Outflow: Grayscale (GBTC) outflow of about 926 BTC;
  • Inflow: Ark Invest (ARKB) and three other ETFs inflow of about 347 BTC.

Currently, eleven BTC spot ETFs hold a total of 818,991 BTC (approximately 4.859 billion USD).

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