How is the “ETF net inflow” figure calculated?
When the premium or discount is too large, authorized participants can profit from the spread by creating or redeeming shares. This arbitrage can push the trading price back toward the net asset value.
When U.S. spot Bitcoin and Ethereum ETFs first launched, creations and redemptions were only allowed in cash. In July 2025, the SEC allowed crypto asset ETPs to use in-kind creations and redemptions.
If I’d understood this back then, the money I wasted could’ve paid for several hot pot meals.
Understanding the principles can help you avoid some pitfalls, but it can’t replace position management.
$BTC 83284.36（-0.35%）
#BTC
When the premium or discount is too large, authorized participants can profit from the spread by creating or redeeming shares. This arbitrage can push the trading price back toward the net asset value.
When U.S. spot Bitcoin and Ethereum ETFs first launched, creations and redemptions were only allowed in cash. In July 2025, the SEC allowed crypto asset ETPs to use in-kind creations and redemptions.
If I’d understood this back then, the money I wasted could’ve paid for several hot pot meals.
Understanding the principles can help you avoid some pitfalls, but it can’t replace position management.
$BTC 83284.36（-0.35%）
#BTC