Analysis: After the opening of the US stock market tonight, the ETF custody address is expected to have a net inflow of about 1,718 BTC
According to blockchain analyst Yu Jin's monitoring, on 4/3, ten BTC spot ETFs received a net inflow of $113.16M, corresponding to a net inflow of approximately 1,718 BTC to the ETF custody address after the US stock market opens tonight (4/4): - Outflow: Grayscale GBTC outflow of approximately 1,141 BTC (corresponding to a fund outflow of $75.14M on 4/3); - Inflow: The remaining nine ETFs received an inflow of approximately 2,859 BTC (corresponding to a fund inflow of $188.3M on 4/3). The main inflow was from Fidelity FBTC, which received an inflow of 1,771 BTC ($116.67M). Currently, the ten BTC spot ETFs hold a total of 834,655 BTC ($54.98B).
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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