Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
ETF Custodial Addresses to Net About 1,437 BTC Tonight After U.S. Open

ETF Custodial Addresses to Net About 1,437 BTC Tonight After U.S. Open

2024/03/22 11:25

Chain analyst Yu Hui said in a post that the ten BTC spot ETFs netted a breakout of $93.83 million on March 22, corresponding to a net breakout of about 1,437 BTC breakout at the ETF's custodial address after the U.S. stock market opens tonight (March 22): incremental (GBTC) breakout of about 5,493 BTC (corresponding to a $358.79 million inflow on March 21); inflow: the remaining nine ETFs inflows of about 4,056 BTC (corresponding to March 21 inflows of $264.96 million, anchored by BlackRock (IBIT) with inflows of 3,574 BTC ($233.45 million). Current combined BTC holdings of the ten BTC spot ETFs: 825,350 BTC ($53.91 billion).

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

As US Treasury yields rise, the cost of borrowing short-term Treasuries surges, with traders aggressively building short positions

The US Treasury will conduct auctions of two-year, five-year, and seven-year Treasury bonds next week. Currently, traders are racing to borrow bonds to short them, driving the borrowing costs for short-term Treasuries sharply higher. On Friday, the overnight repo rate for borrowing the current two-year Treasury was about 0.79%, while the rate for the five-year even dropped to as low as -0.85%. In contrast, the repo rate for regular Treasuries was around 3.88%.

华尔街见闻2026/09/18 20:56