LOOK CRYPTO · DATA PIPELINE

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CYCLESCOPE · REAL DEMAND

Spot ETF Net Flows

Daily net Bitcoin flow through tracked spot ETFs. A positive reading means net creations and a negative reading means net redemptions.

WHAT IT MEASURES

Demand through exchange-traded funds

The metric aggregates creations and redemptions across tracked spot Bitcoin ETFs and expresses the net flow in BTC.

HOW IT IS CALCULATED

Creations minus redemptions

ETF creations in BTC − ETF redemptions in BTC

LOOK CRYPTO displays the provider's daily reading in BTC rather than dollars.

HOW TO INTERPRET

Zero separates inflow and outflow

  • > 0 BTCNet investor demand through ETF products.
  • < 0 BTCNet redemptions and capital withdrawal from tracked products.
  • Several daysA persistent series matters more than one noisy daily print.
HOW TO USE IT

Compare flow with spot response

Persistent inflow alongside rising price confirms demand. Inflow without price response can reveal offsetting supply.

LIMITATION

Flow is not an instant market order

The tracked fund set varies by provider, while creations and hedging may not occur at the publication time or one price.

This material is for market research and is not investment advice.