Yujin: It is expected that Grayscale's GBTC will have an outflow of $500 million worth of BTC tonight, while the remaining nine ETFs will have an inflow of $400 million worth of BTC.

BlockBeats reported on January 24th that blockchain analyst Yu Jin stated in an article that, based on the inflow/outflow of funds for BTC spot ETFs on January 23rd, it is expected that approximately 23,750 BTC (worth $930 million) will be transferred to various ETF custody addresses when the US stock market opens at 22:30 tonight. Among them, the Grayscale GBTC custody address will see an outflow of approximately 13,157 BTC (worth $515 million in outflow on January 23rd); the remaining nine ETF custody addresses will see an inflow of approximately 10,593 BTC (worth $400 million in inflow on January 23rd). At present, the total amount of BTC held by the ten BTC spot ETFs is approximately 647,426 BTC.