Analysis: ETF custody addresses will see a net inflow of approximately 3,435 BTC after the U.S. stock market opens tonight
Golden Finance reported that according to the monitoring of on-chain analyst Yu Jin, Grayscale GBTC has been inflowing for two consecutive days, and it is also the second consecutive trading day without outflow of spot ETFs. On May 6, the 11 spot Bitcoin ETFs had a net inflow of US$217.04 million, which corresponds to a net inflow of about 3,435 BTC to the ETF custody address after the opening of the US stock market tonight: Outflow: 0; Inflow: Fidelity FBTC and other eight spot Bitcoin ETFs have inflows of about 3,435 BTC (corresponding to an inflow of US$217.04 million on May 6). Currently, the total number of BTC held by the 11 spot Bitcoin ETFs is 824,419 BTC (US$52.09 billion).
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