BTC $64,327.09 +1.86%
ETH $1,908.43 +1.20%
BNB $604.65 -0.14%
XRP $0.9998 -0.15%
SOL $75.79 +0.67%
TRX $0.3310 -0.15%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.87%
BCH $204.07 +0.20%
LINK $9.47 +0.25%
HYPE $58.92 +1.91%
AAVE $87.95 +1.25%
SUI $0.6756 -0.23%
XLM $0.1578 +0.02%
ZEC $515.15 +4.76%
BTC $64,327.09 +1.86%
ETH $1,908.43 +1.20%
BNB $604.65 -0.14%
XRP $0.9998 -0.15%
SOL $75.79 +0.67%
TRX $0.3310 -0.15%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.87%
BCH $204.07 +0.20%
LINK $9.47 +0.25%
HYPE $58.92 +1.91%
AAVE $87.95 +1.25%
SUI $0.6756 -0.23%
XLM $0.1578 +0.02%
ZEC $515.15 +4.76%

Analysis: It is expected that after the U.S. stock market opens on April 15, the Bitcoin spot ETF custody address will see a net outflow of approximately 824 BTC

2024-04-13 17:44:32

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, BTC spot ETFs experienced a net outflow of $83.45 million over the past week. The BTC price also retraced from $72,000 to $67,000 this week, a decline of 7%. On April 12, eleven BTC spot ETFs had a net outflow of $55.06 million, corresponding to a net outflow of approximately 824 BTC from ETF custody addresses after the U.S. stock market opens next Monday (4/15):

  • Outflow: Grayscale (GBTC) had an outflow of approximately 2,486 BTC (corresponding to a fund outflow of $166.21 million on 4/12);
  • Inflow: BlackRock (IBIT) had an inflow of approximately 1,662 BTC (corresponding to a fund inflow of $111.15 million on 4/12).

Currently, the eleven BTC spot ETFs hold a total of 841,806 BTC (worth $56.29 billion).

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