Bitcoin ETF flows follow past BTC price moves, not predict them, DWF Labs says

DWF Labs research concludes that Bitcoin ETF flows are trend-following rather than predictive, with investors buying into rallies and selling during dips. This suggests ETF demand reacts to past BTC price action instead of forecasting future returns. For traders, it implies ETF flow data may be a lagging indicator rather than a reliable signal for positioning ahead of price moves.