Definition. The total net flow of funds of the leading Crypto ETFs traded in the U.S., reflecting the day-to-day changes in the ETFs' holdings.

Technical. Calculated as the difference between today's balance data point and the previously available balance data point in native units. Each day's native net flow is then converted into USD using the closing USD exchange rate at 16:00 New York time. Data is taken directly from the ETF issuers. Hence, outside trading hours and in particular during the weekend, the metric may receive delayed updates only. The metric is only updated once data for the majority of contributing ETFs is available.

Interpretation. Positive prints mean net inflows into the ETF cohort. Negative prints mean net outflows from it.

Notes. Source data is publicly available information obtained directly from the respective ETF issuers.