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Analysis: After the opening of U.S. stocks next Monday, approximately 2,581 BTC will be net inflow to the ETF custodial address

Analysis: After the opening of U.S. stocks next Monday, approximately 2,581 BTC will be net inflow to the ETF custodial address

2024/03/29 10:57

According to a report by Golden Finance, chain analyst Yu Jin stated that a total of $860 million net inflow of funds was recorded this week. On March 28th, ten BTC spot ETFs had a net inflow of $183 million, corresponding to an estimated net inflow of about 2,581 BTC to the ETF custody address after the US stock market opens on Monday (April 1st). Outflow: Grayscale (GBTC) saw an outflow of approximately 1,480 BTC (corresponding to a fund outflow of $104.85 million on March 28); Inflows: The remaining nine ETFs had an inflow of approximately 4,061 BTC (corresponding to a fund inflow of $287.85 million on March 28). Currently, the ten BTC spot ETFs hold a total quantity of BTC: 833,463 BTC ($59.05 billion).

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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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