Analysis: After the US stock market opens tonight, the Bitcoin spot ETF custody address will have a net inflow of approximately 1,295 BTC
According to Mars Finance news, according to on-chain analyst Ember monitoring, the net inflow of eleven BTC spot ETFs on April 11 was US$91.27 million, which corresponds to a net inflow of approximately 1,295 BTC into the ETF custody address after the US stock market opens tonight (4/12):
◎Outflow: Grayscale (GBTC) outflowed approximately 1,773 BTC (corresponding to an outflow of US$124.92 million on 4/11);
◎Inflow: The remaining ten ETFs had an inflow of approximately 3,068 BTC (corresponding to an inflow of US$216.19 million on 4/11).
The main inflow was BlackRock (IBIT) with 2,726 BTC ($192.1 million). The ten BTC spot ETFs currently hold a total of BTC: 840,793 BTC ($59.24 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
Strategic Partners issues correction on senior manager transaction disclosure
This Analyst Just Discovered What’s Really Going On With XRP
Mare Group issues 500,000 shares for 2025-2027 stock option and stock grant plans
Dark Defender Here’s Why Ripple CEO Can’t Say a Price for XRP