Exploring Microstructural Dynamics in Cryptocurrency Limit Order Books: Better Inputs Matter More Than Stacking Another Hidden Layer. arxiv.org/abs/2506.05764

Bitcoin ETF flows are lining up behind a breakout. With rolling 30-day inflows nearing 50K BTC and rising, you’d expect more upside for Bitcoin’s price. Our ETF flow-to-price model suggests an expected target of $117,000.