FAQs

Bitcoin ETF Flows FAQs

Why does the indicator require a 1D timeframe or higher?

Spot Bitcoin ETFs report their balances and flows at the end of the trading day. Therefore, intraday data is not available or accurate. The indicator enforces a minimum 1D timeframe to ensure the data is displayed correctly.

Where does the ETF data come from?

The indicator utilizes professional-grade Glassnode metrics natively integrated into TradingView to pull the exact underlying balances for each specific ETF.

What is the difference between Money and Coins data formats?

"Money" displays the flows in USD value, which is influenced by the current price of Bitcoin. "Coins" displays the flows in raw BTC amounts, isolating the actual accumulation/distribution behavior regardless of fiat price fluctuations.

How should I use the Z-Score format?

The Z-Score measures how many standard deviations a recent flow is from the historical average (defined by the Z-Score Length). A Z-Score above +2.0 or below -2.0 indicates a statistically extreme inflow or outflow event, which often marks a point of exhaustion or capitulation.

Can I turn off specific ETFs if I only want to track a few?

Yes. The settings menu allows you to individually toggle each of the 10 supported ETFs on or off, allowing you to create custom aggregate views or track specific funds in isolation.