Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Analysis: After the US stock market opens tonight, the ETF custody address will have a net outflow of about 270 BTC

Analysis: After the US stock market opens tonight, the ETF custody address will have a net outflow of about 270 BTC

CointimeCointime2024/04/10 09:43
By:Cointime

Chainalysis analyst Yu Jin reported that 11 spot Bitcoin ETFs saw a net outflow of $18.69 million, corresponding to a net outflow of about 270 BTC from the ETF custody address after the US stock market opened tonight (April 10):

Outflow: Grayscale GBTC outflow of about 2,245 BTC (corresponding to a fund outflow of $154.92 million on April 9);

Inflow: The remaining 10 spot Bitcoin ETFs saw an inflow of about 1,975 BTC (corresponding to a fund inflow of $136.23 million on April 9). The main inflow was from BlackRock's iShares Bitcoin ETF, which saw an inflow of 1,865 BTC ($128.67 million).

Currently, the 11 spot Bitcoin ETFs hold a total of 839,112 BTC ($57.89 billion).

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Solana’s SNS token is the new shining star

Kriptoworld2025/05/10 09:00

Best Crypto to Invest in May 2025? Qubetics Leads Interoperability While Monero and XRP Reinforce Use Case Strength

Discover why Qubetics, Monero, and XRP are the best crypto to invest in May 2025 for privacy, interoperability, and institutional momentum.Qubetics ($TICS): Redefining Interoperability for Global Blockchain UtilityQubetics Crypto Presale and ROI OutlookMonero (XMR): Championing Privacy and Network ResilienceXRP: Positioned for Institutional AccelerationFinal Thoughts

Coinomedia2025/05/10 06:55
Best Crypto to Invest in May 2025? Qubetics Leads Interoperability While Monero and XRP Reinforce Use Case Strength