Analysis: After the opening of U.S. stocks next Monday, approximately 824 BTC will be net outflow from the Bitcoin spot ETF custody address
According to on-chain analyst Yu Jin, on 4/12, eleven BTC spot ETFs had a net outflow of funds amounting to 55.06 million USD. This corresponds to an estimated net outflow of about 824 BTC from the ETF custodial addresses after the US stock market opens next Monday (4/15):
-Outflows: Grayscale (GBTC) saw an outflow of approximately 2,486 BTC (corresponding to a fund outflow of 166.21 million USD on 4/12);
-Inflows: BlackRock (IBIT) saw an inflow of approximately 1,662 BTC (corresponding to a fund inflow of 111.15 million USD on 4/12).
Currently, the total number of BTC held by these eleven spot ETFs is:841,806 BTC(56.29 billion USD).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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