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Statistics: It is estimated that after the opening of the US stock market tonight, about 2306 BTC will be net outflow from ETF custody addresses

Statistics: It is estimated that after the opening of the US stock market tonight, about 2306 BTC will be net outflow from ETF custody addresses

2024/03/19 09:05
BTC-0.50%

On March 19th, according to the on-chain analyst Yu Jin's monitoring, ten BTC spot ETFs had a net outflow of $1.5444 billion on March 18th. Correspondingly, after the opening of the US stock market tonight (March 19th), approximately 2,306 BTC will be withdrawn from the ETF custody address: - Outflow: Grayscale (GBTC) had an outflow of about 9,596 BTC (corresponding to a fund outflow of $642.52 million on March 18). - Inflow: The other nine ETFs had an inflow of about 7,290 BTC (corresponding to a fund inflow of $480.8 million on March 18). The main force was BlackRock (IBIT), with an inflow of 6,743 BTC ($451.48 million). Currently, the total amount of BTC held by the ten BTC spot ETFs is as follows: 836,814 BTC ($56.03 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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