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Bitcoin ETF buyers are trend followers, not setters, DWF… · Nvdium

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Bitcoin ETF buyers are trend followers, not setters, DWF Labs says

CCointelegraph by Ezra Reguerra·CointelegraphPublished Oct 22, 2026, 09:09 PM

Bitcoin ETF buyers are trend followers, not setters, DWF Labs says cover image

What happened

DWF Labs research finds that Bitcoin ETF flows follow past BTC price movements rather than predict future returns, with investors buying rallies and selling dips.

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