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BTC $62,333.05 -2.11%
ETH $1,669.90 -0.62%
BNB $595.14 -0.86%
XRP $1.14 -0.19%
SOL $65.93 -1.20%
TRX $0.3230 -0.97%
DOGE $0.0857 -0.72%
ADA $0.1690 +1.61%
BCH $205.73 -0.75%
LINK $7.91 -0.83%
HYPE $60.79 -5.94%
AAVE $62.36 -2.78%
SUI $0.7534 -1.54%
XLM $0.2010 -0.60%
ZEC $468.43 +7.83%

Analysis: After the US stock market opens tonight, the ETF custody address will net inflow approximately 221 BTC

2024-03-26 17:18:20
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's post, on March 25, the net inflow of funds for ten BTC spot ETFs was $15.7 million, corresponding to an estimated net inflow of about 221 BTC to the ETF custody addresses after the opening of the U.S. stock market tonight:

Outflow: Grayscale (GBTC) had an outflow of approximately 4,930 BTC (corresponding to an outflow of $350.10 million on 3/25);

Inflow: The remaining nine ETFs had an inflow of approximately 5,151 BTC (corresponding to an inflow of $365.8 million on 3/25). The main contributor was Fidelity (FBTC), with an inflow of 3,687 BTC ($261.79 million).

Currently, the total amount of BTC held by the ten BTC spot ETFs is 823,375 BTC ($58.46 billion).

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