🐋 $BTC｜U.S. spot Bitcoin ETFs recorded net outflows of $41.49 million on October 8, marking their second consecutive trading day of net outflows.
ETF creations and redemptions reflect demand in traditional markets, so it’s important to understand how this figure is calculated.
Net inflows = the total value of creations across all ETFs of the same type that day minus the total value of redemptions. A positive result is a net inflow; a negative result is a net outflow.
Don’t let a single figure throw off your original strategy, and don’t use borrowed money to test what a data point means.
#BTC
Make your own decisions when buying or selling—don’t just follow the crowd.
ETF creations and redemptions reflect demand in traditional markets, so it’s important to understand how this figure is calculated.
Net inflows = the total value of creations across all ETFs of the same type that day minus the total value of redemptions. A positive result is a net inflow; a negative result is a net outflow.
Don’t let a single figure throw off your original strategy, and don’t use borrowed money to test what a data point means.
#BTC
Make your own decisions when buying or selling—don’t just follow the crowd.