Analysis: It is expected that after the opening of the US stock market tonight, the ETF custody address will see a net outflow of approximately 579 BTC

2024-04-16 20:27:11

Collection

According to ChainCatcher's message, monitored by on-chain data analyst Yu Jin, it is expected that after the opening of the US stock market tonight, the ETF custody addresses will have a net outflow of approximately 579 BTC, including:

Outflow: Grayscale (GBTC) outflow of about 1737 BTC;
Inflow: BlackRock IBIT inflow of about 1158 BTC.

Currently, eleven BTC spot ETFs hold a total of 842,107 BTC (approximately 53.36 billion USD).

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.