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Statistics: It is expected that there will be a net outflow of approximately 2,306 BTC from ETF custody addresses after the US stock market opens ton

Statistics: It is expected that there will be a net outflow of approximately 2,306 BTC from ETF custody addresses after the US stock market opens ton

CointimeCointime2024/03/19 09:05
By:Cointime

According to the monitoring of blockchain analyst Yu Jin, on March 18th, ten BTC spot ETFs had a net outflow of $154.44 million, corresponding to a net outflow of about 2,306 BTC from the ETF custody address after the opening of the US stock market tonight (March 19th):

- Outflow: Grayscale (GBTC) outflowed about 9,596 BTC (corresponding to a capital outflow of $642.52 million on March 18th);

- Inflow: The other nine ETFs inflowed about 7,290 BTC (corresponding to a capital inflow of $480.8 million on March 18th).

The main force is BlackRock (IBIT), with an inflow of 6,743 BTC ($451.48 million).

Currently, the ten BTC spot ETFs hold a total of 836,814 BTC ($56.03 billion).

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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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