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XLM $0.1962 -3.05%
ZEC $467.19 +7.17%
BTC $62,509.80 -2.04%
ETH $1,668.97 -1.43%
BNB $596.72 -1.02%
XRP $1.13 -0.64%
SOL $65.97 -1.31%
TRX $0.3219 -1.75%
DOGE $0.0852 -1.42%
ADA $0.1669 -0.37%
BCH $205.83 -0.83%
LINK $7.84 -1.80%
HYPE $61.83 -0.06%
AAVE $62.15 -3.52%
SUI $0.7475 -1.79%
XLM $0.1962 -3.05%
ZEC $467.19 +7.17%

Analysis: It is expected that after the opening of the US stock market next Monday, the ETF custody address will net inflow approximately 2,581 BTC

2024-03-29 18:45:14
Collection

ChainCatcher news, according to Ember monitoring, BTC spot ETFs experienced a net outflow throughout last week and a net inflow this week. This week, a total of $860 million has flowed in, and the BTC price has risen from $67K at the opening of the U.S. stock market on Monday to a peak of $71.5K, supported by the inflow of funds.

On 3/28, the ten BTC spot ETFs had a net inflow of $183M, corresponding to a net inflow of approximately 2,581 BTC into ETF custody addresses after the U.S. stock market opens next Monday (4/1):

  • Outflow: Grayscale (GBTC) had an outflow of approximately 1,480 BTC (corresponding to a fund outflow of $104.85M on 3/28);

  • Inflow: The remaining nine ETFs had an inflow of approximately 4,061 BTC (corresponding to a fund inflow of $287.85M on 3/28).

Currently, the ten BTC spot ETFs hold a total of 833,463 BTC ($59.05B).

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