Embers: Grayscale GBTC is expected to have an outflow of 500 million US dollars worth of BTC tonight, and the remaining nine ETFs are expected to hav
On-chain analyst Yu Jin stated that based on the inflow/outflow of funds for BTC spot ETFs on January 23rd, it is expected that there will be a transfer of approximately 23,750 BTC (930 million US dollars) to each ETF custodial address when the US stock market opens at 22:30 tonight: GreyScale GBTC custodial address will transfer approximately 13,157 BTC (capital outflow of 515 million US dollars on January 23rd); The remaining nine ETF custodial addresses will receive approximately 10,593 BTC (capital inflow of 400 million US dollars on January 23rd). Currently, the total BTC holdings of the ten BTC spot ETFs are approximately 647,426 BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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