Impact of ETF inflows/outflows on BTC price action
The daily ETF inflow/outflow reports for $BTC are still a major driver. How are you guys incorporating this into your short-term trading strategies? Are you waiting for confirmation post-report or trying to front-run the news based on sentiment?
Honestly, the ETF data feels like it's already priced in by the time it hits the reports. I'm not seeing consistent edges there for short-term trades.
It's a tricky one. I've tried front-running, but often the market does the opposite of what you'd expect. Might be better to just fade the initial reaction sometimes.