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Analysis: Expected to see a net outflow of about 2,731 BTC from ETF custody addresses after the U.S. stock market opens tonight

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2024-05-01 10:20:43
According to on-chain data analyst Ember, it is expected that there will be a net outflow of about 2,731 BTC from the ETF custody address after the opening of the US stock market tonight, including:
Outflow: Four ETFs, including grey release (GBTC), outflow approximately 2,792 BTC.
Inflow: Ark Invest (ARKB) saw an inflow of approximately 61 BTC.
Eleven BTC spot ETFs currently hold a total of 830,928 BTC (approximately $49.16 billion).
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