It is expected that after the U.S. stock market opens tonight, there will be a net inflow of 3,547 BTC into ETF custody addresses
ChainCatcher news, according to on-chain analyst Ember monitoring, ten BTC spot ETFs had a net inflow of $243.41M on 3/27, which corresponds to a net inflow of approximately 3,547 BTC to the ETF custody address after the US stock market opens tonight (3/28):
-Outflow: Grayscale (GBTC) outflowed approximately 4,368 BTC (corresponding to an outflow of $299.84M on 3/27);
-Inflow: The remaining nine ETFs saw an inflow of approximately 7,915 BTC (corresponding to an inflow of $543.25M on 3/27). The main players are BlackRock (IBIT) and Ark Invest (ARKB), which have an inflow of 7,642 BTC ($524.51M).
The ten BTC spot ETFs currently hold a total of BTC: 831,955 BTC ($57.1B).
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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