Analysis: It is expected that there will be a net outflow of approximately 924 BTC from the spot Bitcoin ETF custody address after the US stock market opens tonight

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2024/04/17 10:03

According to Mars Finance news, according to on-chain data analyst monitoring, it is expected that there will be a net outflow of approximately 924 BTC from the ETF custody address after the US stock market opens tonight, of which:

·Outflow: Grayscale (GBTC) and Ark Invest (ARKB) outflowed approximately 1,470 BTC;

·Inflows: The remaining nine ETFs saw inflows of approximately 546 BTC.

Eleven BTC spot ETFs currently hold a total of 840,208 BTC (approximately $52.72 billion).

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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