Analysis: There will be a net inflow of approximately 1,767 BTC into ETF custody addresses after the U.S. stock market opens today
According to a post by on-chain analyst Yu Jin, the net inflow of eleven BTC spot ETFs on April 10 was US$123.68 million, which corresponds to a net inflow of approximately 1,767 BTC into the ETF custody address after the US stock market opens tonight: Outflow: Grayscale (GBTC) outflow is approximately 1,767 BTC 249 BTC (corresponding to an outflow of US$17.47 million on 4/10); Inflow: The remaining ten ETFs received an inflow of approximately 2,016 BTC (corresponding to an inflow of US$141.15 million on 4/10). The main inflow was Fidelity (FBTC), with an inflow of 1,090 BTC ($76.31 million). The ten BTC spot ETFs currently hold a total of BTC: 839,697 BTC ($58.79 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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