BTC $64,700.67 +0.94%
ETH $1,913.14 +0.30%
BNB $602.37 -0.51%
XRP $1.00 -0.00%
SOL $76.95 +1.51%
TRX $0.3336 +0.91%
DOGE $0.0702 -0.06%
ADA $0.1742 +0.24%
BCH $203.90 -0.36%
LINK $9.46 -0.51%
HYPE $58.56 -0.53%
AAVE $89.34 +1.70%
SUI $0.6543 -3.26%
XLM $0.1548 -1.82%
ZEC $505.63 -0.61%
BTC $64,700.67 +0.94%
ETH $1,913.14 +0.30%
BNB $602.37 -0.51%
XRP $1.00 -0.00%
SOL $76.95 +1.51%
TRX $0.3336 +0.91%
DOGE $0.0702 -0.06%
ADA $0.1742 +0.24%
BCH $203.90 -0.36%
LINK $9.46 -0.51%
HYPE $58.56 -0.53%
AAVE $89.34 +1.70%
SUI $0.6543 -3.26%
XLM $0.1548 -1.82%
ZEC $505.63 -0.61%

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

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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