Analysis: It is expected that there will be a net outflow of approximately 924 BTC from the spot Bitcoin ETF custody address after the US stock market opens tonight
According to Mars Finance news, according to on-chain data analyst monitoring, it is expected that there will be a net outflow of approximately 924 BTC from the ETF custody address after the US stock market opens tonight, of which:
·Outflow: Grayscale (GBTC) and Ark Invest (ARKB) outflowed approximately 1,470 BTC;
·Inflows: The remaining nine ETFs saw inflows of approximately 546 BTC.
Eleven BTC spot ETFs currently hold a total of 840,208 BTC (approximately $52.72 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.
You may also like
Crypto Fear and Greed Index rises to 64
Adam Back suggests investors choose Bitcoin
WLFI whale deposits another 2,000 ETH to a certain exchange, having sold 4,000 ETH in the past two days
An address bought 2Z at a high price and sold at a loss, cutting losses at 41.8%.
Trending news
MoreCrypto prices
More
