Analysis: After the opening of the US stock market tonight, there will be a net outflow of about 1,886 BTC from ETF custody addresses.
2024-04-25 17:24:31
According to on-chain analyst Ember monitoring, on April 24, eleven BTC spot ETFs had a net outflow of 120.64 million dollars, corresponding to the net outflow of about 1,886 BTC from the ETF custody address after the opening of the US stock market tonight:
Outflow: Grey release (GBTC) outflow of about 2,039 BTC (corresponding to the outflow of funds 130.42 million USD on April 24);
Inflows: The remaining ten ETFs have inflows of about 153 BTC (corresponding to the inflow of $9.78 million on April 24).
The total amount of BTC currently held by eleven BTC spot ETFs is 838,964 BTC (53.65 billion USD).