How is the “net ETF subscription” figure calculated?
When authorized participants subscribe, they give the fund cash or equivalent assets in exchange for a whole basket of new shares; redemptions work the other way around.
When tracking ETF fund flows, it’s better to look at the cumulative trend over several weeks. Large inflows or outflows on a single day are often due to portfolio rebalancing by individual institutions.
The shares of a spot Bitcoin ETF correspond to $BTC actually held in custody by the issuer. Currently: 81586.88.
If you know someone who’s just getting into the space, feel free to send this to them.
#BTC
Data is for reference only. Make your own trading decisions.
When authorized participants subscribe, they give the fund cash or equivalent assets in exchange for a whole basket of new shares; redemptions work the other way around.
When tracking ETF fund flows, it’s better to look at the cumulative trend over several weeks. Large inflows or outflows on a single day are often due to portfolio rebalancing by individual institutions.
The shares of a spot Bitcoin ETF correspond to $BTC actually held in custody by the issuer. Currently: 81586.88.
If you know someone who’s just getting into the space, feel free to send this to them.
#BTC
Data is for reference only. Make your own trading decisions.