Analysis: After the US stock market opens tonight, the ETF custody address is expected to have a net outflow of 1,886 BTC

2024-04-25 17:25:22
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, BlackRock (IBIT) has broken its record of 71 consecutive trading days of net inflows: last night (4/24), BlackRock (IBIT) had no capital inflow. It is possible that last night (4/24) was also the day with the least capital inflow (not net inflow), with only $9.78M of capital inflow.

On 4/24, the eleven BTC spot ETFs had a net outflow of $120.64M, corresponding to an estimated outflow of about 1,886 BTC from the ETF custody addresses after the U.S. stock market opens tonight (4/25):

  • Outflow: Grayscale (GBTC) had an outflow of about 2,039 BTC (corresponding to a capital outflow of $130.42M on 4/24);

  • Inflow: The remaining ten ETFs had an inflow of about 153 BTC (corresponding to a capital inflow of $9.78M on 4/24).

Currently, the eleven BTC spot ETFs hold a total of: 838,964 BTC ($53.65B).

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