$BTC | U.S. spot Bitcoin ETFs saw net outflows of $41.49 million on October 8, marking their second consecutive trading day of net outflows.
Let’s use this figure to break down ETF net flows.
ETF flows reflect the creation and redemption of shares. Buying and selling between buyers and sellers on the secondary market do not directly affect this figure.
Daily flows can be quite noisy. A large net outflow on a single day doesn’t necessarily signal a change in direction; looking at the cumulative flows over several weeks is more reliable.
The point of understanding an indicator is to avoid being misled by a single number, not to use it to predict tops and bottoms.
#比特币重复使用地址持有433万枚BTC #BTC
For reference only. Not investment advice.
Let’s use this figure to break down ETF net flows.
ETF flows reflect the creation and redemption of shares. Buying and selling between buyers and sellers on the secondary market do not directly affect this figure.
Daily flows can be quite noisy. A large net outflow on a single day doesn’t necessarily signal a change in direction; looking at the cumulative flows over several weeks is more reliable.
The point of understanding an indicator is to avoid being misled by a single number, not to use it to predict tops and bottoms.
#比特币重复使用地址持有433万枚BTC #BTC
For reference only. Not investment advice.