BTC spot ETF has a total outflow of US$887.75 million in the 5 trading days this week
Blockchain analyst EmberCN stated that BTC spot ETF had a net outflow of funds for all five trading days this week, with a total outflow of $887.75 million, corresponding to a decrease in BTC holdings of 13,596 coins. On March 22, ten BTC spot ETFs had a net outflow of $51.6 million, corresponding to a net outflow of about 807 BTC from the ETF custody address after the opening of the US stock market on Monday (March 25):
Outflow: Grayscale (GBTC) outflow of about 2,657 BTC (corresponding to a fund outflow of $169.94 million on March 22);
Inflow: The remaining nine ETFs had an inflow of about 1,850 BTC (corresponding to a fund inflow of $118.34 million on March 22).
Currently, the total amount of BTC held by the ten BTC spot ETFs is 824,214 BTC ($52.71 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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