Bitcoin ETF flows, live: the daily creation and redemption tide
US spot Bitcoin ETF net flows are the daily dollars created and redeemed across every American spot fund. A creation is a forced spot buy: the fund’s authorized participant has to deliver real bitcoin at net asset value, usually sourced during US hours. That makes the net flow the one number in this corner of the market where the buying and selling pressure is literal and sized in dollars.
Bitcoin ETFs · what the money didThu 8 Oct
Money flowed out
The funds handed back $244.1mFBTC handed back the most
Flows publish after the US close
- Days in a row
- 2 outflow days
- Week so far · 5 to 8 Oct
- -$702.2m
- Week before · 28 Sep to 2 Oct
- +$241.1m
- Last 30 days
- +$1.5B
ETF Tide Score checked Oct 2026
No edge
the flow tide is not moving the probability of bitcoin going higher in a way we can stand behind
Every number we print has to keep earning its place on fresh market history, by a rule we wrote down before we looked. This one stopped earning it, so we took the number down.
No edge is a reading too. Still measured every trading day: the daily flows and flows against price.
Bitcoin on its own
A little better than even
How often bitcoin has been higher in the weeks after any day, with no flow condition. A baseline, not a forecast.
Daily net flows
…
The flow history is still building.
Hover any day to read its net flow, the running cumulative total, and the biggest contributing funds. Toggle Flow river to morph the daily bars into the cumulative mountain, or By fund to stack the day by issuer.
Net creations and redemptions across every US spot Bitcoin ETF, in millions of US dollars, one bar per trading day; the flow river is the running total since the January 2024 launch. Flows publish after the US close, so the most recent trading day is the latest available print. Drag to pan, scroll or pinch to zoom. Source: Farside Investors, with SoSoValue for the daily read.
Flow versus price
Reading flow against price…
When price and net flows pull apart, that is the honest tell: soft price met by steady inflows reads as allocator absorption; firm price met by outflows reads as distribution.
Fund by fund issuer breakdown
Every US spot Bitcoin ETF, ranked by cumulative net flow since launch. Grayscale’s converted trust redeemed heavily on day one as holders migrated to lower-fee funds, so a fund’s cumulative line reflects fee migration as much as fresh demand.
| # | Fund | Latest day | 30-day net | Cumulative |
|---|---|---|---|---|
| Loading the fund breakdown… | ||||
What a PRO Paradiser reads here
- Every US spot Bitcoin fund, by nameall 12 in this table
- Its latest printthe last day it took in or handed back money
- Its 30-day netin dollars
- Its running total since launch
Their money is already in the daily totals above. Only the per-fund rows are held back.
What we will and will not put a number on
The flow bars, the cumulative line, the daily verdict, the run of inflow or outflow days, flows against price and the fund breakdown are measured facts, read from the published creation and redemption totals. Those are the page, and they are not up for debate.
The ETF Tide Score is the one number on this page that is a judgement rather than a count. A number like that has to keep earning its place on fresh market history, by a rule we wrote down before we looked at the result.
On the latest check this one stopped earning it, so we took the number down. We never call inflows bullish on their own, and right now the record agrees. When the score prints, it is a historical frequency, not a forecast, and never advice.
ETF flows, defined
ETF net flows
ETF net flows are the daily dollars created minus the dollars redeemed across the US spot Bitcoin funds. A positive net flow means more money entered the funds than left, which requires the funds to hold more bitcoin; a negative net flow is the reverse. It is published after the US close, fund by fund and in total.
Creation and redemption
Creation and redemption is how an ETF stays priced to its holdings. When demand pushes the fund above the value of its bitcoin, an authorized participant creates new shares by delivering bitcoin, which is a forced spot purchase; when the fund trades below, it redeems shares and receives bitcoin back. This mechanism is why a creation day is literal spot buying.
ETF tide
The ETF tide is MyCryptoParadise’s read of the institutional flow pressure on bitcoin: whether the US spot funds, on balance, are taking money in or handing it back. What it reads is public; how we read it is ours. When the read carries an edge, we publish it as the ETF Tide Score, a banded, estimated frequency; when it does not, the page says No edge.
ETF creations are the next-day confirmation. The Coinbase premium is the intraday tell.
Because authorized participants source spot bitcoin largely through Coinbase, a run of creation days tends to press the Coinbase premium up during US hours. Reading the two together separates a genuine institutional bid from a passing spike. These reads are context, not forecasts.
For the ParadiseTeam, reading where the institutional tide is pressing is one of the layers behind every decision we make, and every trade we share inside ParadiseFamilyVIP. Seats stay deliberately limited.
Check seat availability →How to read ETF flows
Four ideas behind the picture above.
A creation is literal buying
Unlike sentiment gauges, a net creation is a fund that must go and hold more bitcoin. That is why the total net flow is the one number here sized directly in dollars, and why a persistent run of creations matters.
Flows follow price as much as lead it
Money chases performance, so inflows often arrive after a rally rather than before one. That is why we never say inflows are bullish on their own, and why the tide score carries a wide band, or no number at all when it has no edge.
Divergence is the honest tell
The interesting moments are when price and flows disagree. Soft price met by steady inflows is allocator absorption of the dip; firm price met by outflows is distribution. The signals panel flags it.
Read funds, not just the total
A negative total driven by one fund losing holders to a cheaper rival is very different from broad redemptions. The fund breakdown separates fee migration from real selling.
Questions and answers
What are Bitcoin ETF net flows?
Bitcoin ETF net flows are the daily dollars created minus the dollars redeemed across the US spot Bitcoin funds. A positive net flow means more money entered the funds than left, which forces the funds to hold more bitcoin; a negative net flow is the reverse. The figure is published after the US close, fund by fund and in total.
Do ETF inflows mean the price will go up?
Not on their own. ETF flows tend to follow price as much as lead it, because money chases performance, so inflows often arrive after a rally rather than before one. That is why MyCryptoParadise prints the ETF Tide Score only as a banded historical frequency, and prints no number at all when the tide carries no edge.
What is the ETF Tide Score?
The ETF Tide Score is MyCryptoParadise's read of whether the current flow tide moves the probability of bitcoin going higher. It is published as a banded, estimated historical frequency only while it keeps earning its place on fresh market history. When it does not, the page says No edge and shows bitcoin's own baseline instead.
Why did Grayscale GBTC have such large outflows?
Grayscale's fund converted from an existing trust with a higher fee, so many holders redeemed and migrated to cheaper newly launched funds. Those outflows reflect fee migration rather than broad selling, which is why reading the per-fund breakdown matters more than the headline total.
