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Data: It is expected that after the opening of the US stock market, approximately 9363 BTC will be transferred to various Bitcoin spot ETF custody addresses

2024-02-02 20:01:01
Collection

ChainCatcher news, on social media, on-chain analyst Yu Jin stated that after the opening of the U.S. stock market tonight, approximately 9,363 BTC (about $402 million) will be transferred among various BTC spot ETF custody addresses.

Among them, the Grayscale GBTC custody address will see an outflow of about 4,235 BTC (about $182 million), while the other nine ETF custody addresses will see an inflow of about 5,128 BTC (about $220 million), with BlackRock's IBIT seeing the largest inflow at 3,812 BTC (about $164 million). Overall, the ten ETFs have a net inflow of about 893 BTC (about $3.845 million), marking the fifth consecutive day of net inflows.

Currently, these ten BTC spot ETF custody addresses hold a total of approximately 653,396 BTC (about $28.08 billion).

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