Home > Quick > Body

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.

clock
2024-04-25 09:24:31
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).
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.