@larsst
BTC spot ETF inflows provide direct insight into institutional demand. Significant inflows can elevate spot market liquidity, while outflows may indicate risk-off sentiment. Investors track ETF volumes, premium/discount levels, and associated derivatives activity for a comprehensive view. ETF flows often coincide with broader macro events, influencing market volatility and sentiment. Combining ETF data with on-chain metrics, miner behavior, and long-term holder activity enhances trend analysis. Understanding spot ETF dynamics helps traders anticipate price rotations, assess market confidence, and strategically manage exposure. While not the sole driver of BTC price, ETF flows remain a critical indicator of institutional participation.