Crypto ETF Net Flows: Daily Inflows and Outflows

Crypto ETF net flows measure money entering or leaving spot crypto funds through the creation and redemption of shares, not the trading of existing shares. When an authorized participant asks a fund for new shares, the fund takes in cash or coins and holds more of the underlying asset. That is an inflow. When shares are handed back and cancelled, the fund releases assets, and that is an outflow. Net flow is the dollar value of creations minus redemptions for the period.

How to read the flow table

Each row sums every tracked US spot ETF for one asset. Last day is the most recent session’s net flow. 5 days and 21 days sum the latest sessions, roughly one trading week and one trading month. Tracked is the cumulative net flow since tracking began. AUM is the current value of the assets those funds hold. The movers list shows which individual funds drove a session’s total; one large fund can account for most of an asset’s daily figure.

Flows versus AUM

AUM moves for two reasons: net flows and the price of the underlying coin. A hypothetical example shows the difference. A fund starts the day with $10B in assets. It takes in $200M of net creations, and the coin falls 5%. AUM ends near $9.69B ($10B × 0.95 + $200M, assuming the inflow arrives at the closing price). AUM fell even though money came in, so cumulative flow and AUM can differ widely.

Because trading existing shares on an exchange leaves the fund’s holdings unchanged, high trading volume can come with a net flow near zero.

Limits of the data

Flows are reported after the US market close, and issuers publish on their own schedules, so a session’s total can change as late figures arrive. Figures refresh every 1 to 6 hours. A zero means no net creations or redemptions were recorded, not a lack of investor interest in the coin itself.