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It is expected that after the US stock market opens tonight, there will be a net inflow of approximately 934 BTC into the ETF custody address

It is expected that after the US stock market opens tonight, there will be a net inflow of approximately 934 BTC into the ETF custody address

Bitget2024/04/23 10:41
BTC+0.40%

PANews reported on April 23 that on-chain analyst Yu Jin tweeted that eleven BTC spot ETFs had a net inflow of $62.09M on April 22, corresponding to a net inflow of ETF custody addresses after the US stock market opens tonight (4/23). About 934 BTC. The outflow part: Grayscale (GBTC) has an outflow of approximately 525 BTC (corresponding to an outflow of $34.99M on 4/22); the inflow part: the remaining ten ETFs have an inflow of approximately 1,459 BTC (corresponding to an inflow of $97.08M on 4/22). Currently, the eleven BTC spot ETFs hold a total of BTC: 837,908 BTC ($55.8B).

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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