Analysis: It is expected that there will be a net outflow of approximately 924 BTC from the spot Bitcoin ETF custody address after the US stock market opens tonight
According to Mars Finance news, according to on-chain data analyst monitoring, it is expected that there will be a net outflow of approximately 924 BTC from the ETF custody address after the US stock market opens tonight, of which:
·Outflow: Grayscale (GBTC) and Ark Invest (ARKB) outflowed approximately 1,470 BTC;
·Inflows: The remaining nine ETFs saw inflows of approximately 546 BTC.
Eleven BTC spot ETFs currently hold a total of 840,208 BTC (approximately $52.72 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.
You may also like
Bonds Could Become the Hedge Against AI Selloff as Correlation Turns Negative
JPMorgan lowered Boeing's target price to $240.
"For the first time in history" Annual Guidance Released in Advance! JPMorgan Maintains 'Overweight' Rating for ASM International (ASMIY.US), Earnings Outlook May Continue to Improve
JPMorgan maintains an Overweight rating on ASMI with a target price of 1,174 euros, stating that this is the first time the company has provided guidance for 2027. The outlook is highly visible, and profit expectations may be revised up by a low double-digit percentage.
Crypto prices
More
