According to on-chain analyst Ember monitoring, the overall net outflow of 11 BTC spot ETFs on May 2 was 34.36 million dollars, corresponding to the net outflow of about 579 BTC from the ETF custody address after the opening of the US stock market tonight (May 3):
Outflow: Grey release GBTC is expected to outflow about 926 BTC (corresponding to the outflow of funds 54.93 million USD on May 2);
Inflows: Four ETFs, including Ark Invest ARKB, received approximately 347 BTC (corresponding to the inflow of $20.57 million on May 2).
There are currently eleven BTC spot ETFs holding a total of 818,991 BTC (48.59 billion USD).
Analysis: After the opening of the US stock market tonight, the ETF custody address is expected to have a net outflow of about 579 BTC.
2024-05-03 06:48:26
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