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 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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