Analysis: It is expected that there will be a net inflow of approximately 3,547 BTC into ETF custody addresses after the US stock market opens tonight

2024-03-28 16:59
According to BlockBeats news, on March 28, according to on-chain analyst Ember monitoring, the net inflow of ten BTC spot ETFs on March 27 was US$243.41 million, which corresponds to a net inflow of ETF custody addresses after the US stock market opens tonight (March 28). About 3,547 BTC: · Outflow: Grayscale (GBTC) outflowed approximately 4,368 BTC (corresponding to an outflow of US$299.84 million on March 27); · Inflows: The remaining nine ETFs saw an inflow of approximately 7,915 BTC (corresponding to an inflow of $543.25 million on March 27). The main players are BlackRock (IBIT) and Ark Invest (ARKB), which saw an inflow of 7,642 BTC ($524.51 million). The ten BTC spot ETFs currently hold a total of BTC: 831,955 BTC ($57.1 billion).
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