According to on-chain analyst Yu Jin’s monitoring, BTC spot ETFs had a net outflow of $83.45 million in the past five days this week, and the BTC price also fell from $72,000 to $67,000 this week, a 7% correction.
On April 12, the net outflow of funds from 11 BTC spot ETFs was $55.06 million, corresponding to a net outflow of about 824 BTC from the ETF custody address after the opening of the U.S. stock market next Monday (4/15):
◎ Outflow: Grayscale (GBTC) outflowed about 2,486 BTC (corresponding to an outflow of $166.21 million on April 12);
◎ Inflow: BlackRock (IBIT) inflowed about 1,662 BTC (corresponding to an inflow of $111.15 million on April 12).
Currently, the total number of BTC held by the 11 BTC spot ETFs is 841,806 BTC (US$56.29 billion).