Yu Embn: It is expected that about 13,476 BTCs will be transferred after the opening of the US stock market.
According to a post by on-chain analyst Yu Jin, reported by Golden Finance, it is estimated that after the opening of the US stock market on February 1st, there will be a transfer of approximately 13,476 BTC (worth about $573.04 million) in various ETF custody addresses based on the inflow/outflow of funds for Bitcoin spot ETFs on January 31st. Among them, Grayscale (GBTC) is expected to transfer about 4,414 BTC (corresponding to a fund outflow of $187.68 million on January 31st); the remaining nine ETF custody addresses are expected to receive about 9,062 BTC (corresponding to a fund inflow of $385.36 million on January 31st), of which Fidelity (FBTC) will receive 5,459 BTC (worth about $232.11 million), surpassing Grayscale's outflow amount. The overall net inflow of the ten ETFs is about 4,648 BTC (worth about $197.68 million), with funds net inflow for the fourth consecutive day. Currently, the ten Bitcoin spot ETFs hold a total of approximately 649,113 BTC (worth about $27.6 billion) in custody addresses.
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