Embers: After the US stock market opens tonight, there will be a transfer of approximately 20,833 BTC to each ETF custody address

Blockchain analyst Yu Jin said that Grayscale (GBTC) had a high outflow of funds of up to $598.86 million yesterday, but the inflow of funds into Bitwise (IBIT) reached $603.93 million, completely covering the outflow of Grayscale (GBTC). Yesterday, the net inflow of funds for ten BTC spot ETFs was $92.37 million, corresponding to the transfer of about 20,833 BTC ($1.29 billion) to the ETF custody addresses after the opening of the US stock market tonight (3/1):• Outflow: Grayscale (GBTC) and ProShares (BTCO) will flow out about 9,673 BTC (corresponding to $600.41 million outflow of funds on 2/29); • Inflow: The remaining eight ETFs will flow in about 11,160 BTC (corresponding to $692.78 million inflow of funds on 2/29), with Bitwise (IBIT) having the most inflow at 9,729 BTC ($603.93 million); • The overall net inflow of the ten ETFs is about 1,487 BTC ($92.37 million). Currently, the ten BTC spot ETFs hold a total of about 778,178 BTC ($48.3 billion), which already accounts for 3.7% of the total BTC amount (21 million).