BTC $64,579.98 +0.47%
ETH $1,912.19 +0.39%
BNB $602.57 -0.39%
XRP $1.00 -0.12%
SOL $76.97 +1.47%
TRX $0.3328 +0.54%
DOGE $0.0701 -0.27%
ADA $0.1729 -0.43%
BCH $203.72 -0.34%
LINK $9.51 +0.07%
HYPE $58.61 -0.20%
AAVE $88.26 -0.05%
SUI $0.6526 -3.38%
XLM $0.1539 -2.19%
ZEC $509.64 -1.28%
BTC $64,579.98 +0.47%
ETH $1,912.19 +0.39%
BNB $602.57 -0.39%
XRP $1.00 -0.12%
SOL $76.97 +1.47%
TRX $0.3328 +0.54%
DOGE $0.0701 -0.27%
ADA $0.1729 -0.43%
BCH $203.72 -0.34%
LINK $9.51 +0.07%
HYPE $58.61 -0.20%
AAVE $88.26 -0.05%
SUI $0.6526 -3.38%
XLM $0.1539 -2.19%
ZEC $509.64 -1.28%

Analysis: After the opening of the US stock market tonight, the ETF custody address is expected to net inflow approximately 597 BTC

2024-04-03 17:46:09

ChainCatcher news, according to Ember monitoring, last night (4/2) Ark Invest and 21Shares (ARKB) saw an outflow of $87.49M, exceeding Grayscale (GBTC) at $81.86M. Previously, apart from Grayscale (GBTC), there were occasional outflows from some ETFs, but the amounts were not large; the absolute main outflow was only Grayscale (GBTC). This is also the first time an ETF has surpassed Grayscale (GBTC) in daily outflows.

On 4/2, the ten BTC spot ETFs had a net inflow of $39.46M, corresponding to approximately 597 BTC that will net inflow into ETF custody addresses after the US stock market opens tonight (4/3):

◎ Outflow: Ark Invest and 21Shares (ARKB) and Grayscale (GBTC) had an outflow of approximately 2,563 BTC (corresponding to the 4/2 outflow of $169.35M);

◎ Inflow: The remaining eight ETFs had an inflow of approximately 3,160 BTC (corresponding to the 4/2 inflow of $208.81M).

Currently, the ten BTC spot ETFs hold a total of 832,523 BTC ($55.01B).

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