Analysis: After the U.S. stock market opens tonight, there will be a net inflow of approximately 221 BTC into ETF custody addresses.

Ten BTC spot ETFs had a net inflow of $15.7 million, corresponding to a net inflow of about 221 BTC to the ETF custodial address after the opening of the US stock market tonight: Outflow: Grayscale (GBTC) outflow of about 4,930 BTC (corresponding to a capital outflow of $350.10 million on March 25th); Inflow: The remaining nine ETFs had an inflow of about 5,151 BTC (corresponding to a capital inflow of $365.80 million on March 25th). The main inflow was from Fidelity (FBTC), which had an inflow of 3,687 BTC ($261.79 million). Currently, the ten BTC spot ETFs hold a total of 823,375 BTC ($58.46 billion).