OPEN-SOURCE SCRIPT
Bitcoin ETF Flow Tracker

GM 💎
Just as tracking global liquidity flows helps us anticipate movements in crypto, I believe that monitoring institutional activity would also offer us additional edge in investing since their large-scale trades and strategic moves could result in significant changes in BTC price trends.
Hence why I created this indicator to help us track:
1. Total Cumulative Flow of the 8 biggest US BTC ETFs (top pane),
2. Total Net Flow of those institutions in both low and high timeframes (middle pane), and
3. Individual BTC ETF Flow (bottom pane).
*Recommended timeframes for analysis: 4H, 12H or 1D
*Color code of Total Net Flow:
Bright Green: strong positive total net flow
Dark Green: weakening positive total net flow
Bright Red: strong negative total net flow
Dark Red: weakening negative total net flow
*Top 8 biggest US BTC ETFs (in no particular order):
1. Grayscale Bitcoin Trust
2. BlackRock's iShares Bitcoin Trust
3. Fidelity Wise Origin Bitcoin Fund
4. ARK 21Shares Bitcoin ETF
5. Bitwise Bitcoin ETF
6. Invesco Galaxy Bitcoin ETF
7. VanEck Bitcoin Trust
8. Franklin Bitcoin ETF
*Recommended institutions to track: number 1, 2, 3 since they've been the most active and have had the highest flow within this space.
Just as tracking global liquidity flows helps us anticipate movements in crypto, I believe that monitoring institutional activity would also offer us additional edge in investing since their large-scale trades and strategic moves could result in significant changes in BTC price trends.
Hence why I created this indicator to help us track:
1. Total Cumulative Flow of the 8 biggest US BTC ETFs (top pane),
2. Total Net Flow of those institutions in both low and high timeframes (middle pane), and
3. Individual BTC ETF Flow (bottom pane).
*Recommended timeframes for analysis: 4H, 12H or 1D
*Color code of Total Net Flow:
Bright Green: strong positive total net flow
Dark Green: weakening positive total net flow
Bright Red: strong negative total net flow
Dark Red: weakening negative total net flow
*Top 8 biggest US BTC ETFs (in no particular order):
1. Grayscale Bitcoin Trust
2. BlackRock's iShares Bitcoin Trust
3. Fidelity Wise Origin Bitcoin Fund
4. ARK 21Shares Bitcoin ETF
5. Bitwise Bitcoin ETF
6. Invesco Galaxy Bitcoin ETF
7. VanEck Bitcoin Trust
8. Franklin Bitcoin ETF
*Recommended institutions to track: number 1, 2, 3 since they've been the most active and have had the highest flow within this space.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
🎁🎄 Christmas SALE 50% Off with code XMAS50 (ends Dec 28) at whop.com/quantalgo/
📩 DM if you need any custom-built indicators or strategies.
📩 DM if you need any custom-built indicators or strategies.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
🎁🎄 Christmas SALE 50% Off with code XMAS50 (ends Dec 28) at whop.com/quantalgo/
📩 DM if you need any custom-built indicators or strategies.
📩 DM if you need any custom-built indicators or strategies.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.