On-chain analyst Yu Jin pointed out that according to the latest data, on March 28, ten Bitcoin spot ETFs had a total net inflow of US$183 million, which is expected to result in a net inflow of approximately 2,581 BTC into ETF custody addresses after the US stock market opens on April 1.
Specifically, the Grayscale Bitcoin Trust Fund (GBTC) had an outflow of approximately 1,480 BTC, corresponding to an outflow of US$104.85 million; while the remaining nine ETFs saw an inflow of approximately 4,061 BTC, corresponding to an inflow of US$287.85 million. As of now, these ten Bitcoin spot ETFs hold a total of 833,463 BTC, worth approximately US$59.05 billion.
