The analytical tool Cryptoquant has developed a dashboard to track the distribution of BTC among various ETF funds. Grayscale dominates with 88.73% ownership of BTC among the top 10 ETF funds. The dashboard visually displays outflows from Grayscale, exceeding -2.8B$ in the first five trading days. Analysts are impressed by the influx of capital into ETFs, as attracting traditional financial sector attention is challenging. Once the combined BTC volume under management of the 9 ETF funds surpasses Grayscale’s capital volume, the trend of capital outflow may reverse. This innovative tool offers a unique insight into BTC distribution among ETF funds, providing valuable data for market analysis.
