Analysis: It is expected that the ETF custody address will have a net outflow of about 270 BTC after the US stock market opens tonight
According to BlockBeats, on April 10, according to the monitoring of on-chain data analyst Yu Jin, it is expected that the ETF custody address will have a net outflow of about 270 BTC after the opening of the U.S. stock market tonight, including:
· Outflow: Grayscale (GBTC) outflow of about 2,245 BTC (corresponding to an outflow of $154 million on April 9);
· Inflow: The remaining ten ETFs inflowed about 1,975 BTC (corresponding to an inflow of $136 million on April 9). The main inflow was BlackRock (IBIT), with an inflow of 1,865 BTC (about $128 million).
Currently, the ten BTC spot ETFs hold a total of 839,112 BTC (about $57.89 billion).