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Analysis: ETF custody addresses will see net inflows of around 3,435 BTC after the U.S. stock market opens tonight

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2024-05-07 11:19:45
According to on-chain analyst Ember monitoring, grey release GBTC has flowed in for two consecutive days, and this is also the second consecutive trading day that spot ETFs have not flowed out. 5/6 The overall net inflow of eleven BTC spot ETFs is $217.04M, corresponding to the net inflow of about 3,435 BTC into the ETF custody address after the opening of the US stock market tonight (5/7):
Outflow: 0;
Inflows: Eight ETFs, including Fidelity (FBTC), received approximately 3,435 BTC (corresponding to 5/6 inflows of $217.04M).
The current total amount of BTC held by eleven BTC spot ETFs is 824,419 BTC ($52.09B).
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