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Explained

Real market events from the channel, explained with the data and the sources.

What Bitcoin ETF flows really measure (and what they don't)
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Explained

What Bitcoin ETF flows really measure (and what they don't)

A daily ETF flow is the change in shares outstanding times NAV. Here is how that number is made, when it arrives, and why a big inflow is not the same as a big buyer.

9 min read