BTC $64,588.39 +0.42%
ETH $1,913.51 +0.37%
BNB $602.39 -0.42%
XRP $1.00 -0.12%
SOL $76.97 +1.45%
TRX $0.3327 +0.51%
DOGE $0.0702 +0.02%
ADA $0.1729 -0.56%
BCH $204.07 -0.07%
LINK $9.48 -0.08%
HYPE $58.98 +0.26%
AAVE $88.54 +0.54%
SUI $0.6545 -3.29%
XLM $0.1539 -2.28%
ZEC $509.74 -1.99%
BTC $64,588.39 +0.42%
ETH $1,913.51 +0.37%
BNB $602.39 -0.42%
XRP $1.00 -0.12%
SOL $76.97 +1.45%
TRX $0.3327 +0.51%
DOGE $0.0702 +0.02%
ADA $0.1729 -0.56%
BCH $204.07 -0.07%
LINK $9.48 -0.08%
HYPE $58.98 +0.26%
AAVE $88.54 +0.54%
SUI $0.6545 -3.29%
XLM $0.1539 -2.28%
ZEC $509.74 -1.99%

Analysis: After the US stock market opens, ETF custody addresses will see a net inflow of approximately 1,718 BTC

2024-04-04 20:03:07

According to ChainCatcher news, on April 3, analyst Yu Jin predicted that the net inflow of funds for ten BTC spot ETFs would be $113.16 million, corresponding to a net inflow of approximately 1,718 BTC into ETF custody addresses after the U.S. stock market opens on April 4, including:

  • Outflow: Grayscale (GBTC) had an outflow of about 1,141 BTC (corresponding to an outflow of $75.14 million on 4/3);
  • Inflow: The remaining nine ETFs had an inflow of about 2,859 BTC (corresponding to an inflow of $188.3 million on 4/3). The main contributor to the inflow was Fidelity (FBTC), which saw an inflow of 1,771 BTC ($116.67 million).

Currently, the total amount of BTC held by the ten BTC spot ETFs is 834,655 BTC (approximately $54.98 billion).

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