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.
Connecting…
ETF Tide Score estimated
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chance BTC closes higher over the next 10 trading days when the flow tide looked like this
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Flow tide now
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net flow, last 5 trading days (US$m)
reading…
For context
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BTC’s plain 10-trading-day up-rate over the whole record, with no flow condition. The tide read above is measured against this baseline.
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Daily net flows
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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 streak
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consecutive trading days of same-direction net flow. Creation pipelines take days to build and unwind, so streaks tend to persist.
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 we will and will not put a number on
The flow bars, the cumulative line, the streak, the divergence read 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 a single honest frequency: over the record since January 2024, when the flow tide looked like it does now, how often did bitcoin close higher over the next ten trading days. We print it with a wide band and an estimated label on purpose. There is only about one market cycle of spot-ETF history, and ETF flows tend to follow price as much as lead it, so the tide moves the odds only a little off bitcoin’s baseline up-rate. The band shows you exactly how much we do and do not know. We also tested a five-trading-day version; the flow conditioning there flipped sign on an untouched block of recent history, so we do not print a five-day number at all. 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 reading of the current net-flow impulse, where the trailing five-day net flow sits in its own history, and how bitcoin’s next ten trading days behaved when the tide looked similar. It is published as a banded, estimated frequency because the spot-ETF record spans only about one cycle.
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 read carries a wide band.
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.