TechFlow News, according to on-chain analyst烬 (Yujin), on April 29, eleven BTC spot ETFs collectively saw a net outflow of $51.52 million, which corresponds to a projected net outflow of approximately 819 BTC from ETF custodial addresses following the U.S. market opening tonight (April 30):
- Outflows: Grayscale's GBTC and two other ETFs are expected to see outflows totaling around 999 BTC (corresponding to $62.85 million in capital outflows on April 29);
- Inflows: Bitwise's BITB and two other ETFs are expected to see inflows totaling around 180 BTC (corresponding to $11.33 million in capital inflows on April 29).
The total BTC holdings across all eleven BTC spot ETFs currently amount to 831,957 BTC ($52.37 billion).
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