Bitcoin ETF Flows Correlate More With Past Than Future Returns

2 outlets reporting

Your call?🐂 Bullish🐻 Bearish

0.54

flow-return correlation

$BTC

$81,817

-1.1%

Across 694 trading days, ETF net flows had a 0.54 correlation with Bitcoin returns over the prior five sessions and 0.03 with returns over the next five.