According to the Daily Planet, on-chain analyst Yu Jin posted on the X platform that it is expected that after the U.S. stock market opens tonight, these ETF custody addresses will involve the transfer of about 20,833 BTC (US$129 million). Currently, ten BTC spot ETFs hold a total of about 778,178 BTC (about US$48.3 billion), accounting for 3.7% of the total BTC.
See original
About 20,833 BTC is expected to be transferred from the ETF custody address after the US stock market opens
--・
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
98,272.87
+0.09%
Replies 8
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Binance_News