Analysis: ETF custody addresses will see a net outflow of about 819 BTC after the U.S. stock market opens tonight
According to Jinse Finance, according to the monitoring of on-chain analyst Yu Jin, on April 29, the eleven BTC spot ETFs had a net outflow of $51.52 million, which corresponds to a net outflow of about 819 BTC from the ETF custody address after the opening of the U.S. stock market tonight: Outflow: Grayscale (GBTC) and other three ETFs had an outflow of about 999 BTC (corresponding to an outflow of $62.85 million on April 29); Inflow: Bitwise (BITB) and other three ETFs had an inflow of about 180 BTC (corresponding to an inflow of $11.33 million on April 29). Currently, the total number of BTC held by the eleven BTC spot ETFs is 831,957 BTC (52.37 billion U.S. dollars).
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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