It is expected that after the U.S. stock market opens tonight, there will be a net outflow of approximately 2,706 BTC from the ETF custody address

2024/04/18 11:00

PANews reported on April 18 that according to on-chain analyst Ember Monitoring, it is expected that there will be a net outflow of approximately 2,706 BTC from the ETF custody address after the US stock market opens tonight:

Outflows: Grayscale (GBTC), Ark Invest (ARKB) and Bitwise (BITB) outflowed approximately 3,003 BTC;
Inflows: BlackRock (IBIT) saw inflows of approximately 297 BTC.

Currently, the eleven BTC spot ETFs hold a total of 839,596 BTC (approximately US$51.21 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.

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It is expected that after the U.S. stock market opens tonight, there will be a net outflow of approximately 2,706 BTC from the ETF custody address

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