Analysis: After the opening of the US stock market tonight, the ETF custody address is expected to have a net outflow of about 579 BTC

According to on-chain analyst Yu Jin’s monitoring, the eleven BTC spot ETFs had a total net outflow of $34.36 million on May 2, which corresponds to a net outflow of about 579 BTC from the ETF custody address after the opening of the U.S. stock market tonight (May 3): -Outflow: Grayscale GBTC is expected to outflow about 926 BTC (corresponding to an outflow of $54.93 million on May 2); -Inflow: Ark Invest ARKB and other four ETFs have inflows of about 347 BTC (corresponding to an inflow of $20.57 million on May 2). Currently, the eleven BTC spot ETFs hold a total of 818,991 BTC (US$48.59 billion).